Let's be conservative and assume we continue with the proposed 2%, and not the 5% that banks want.
Banks have about
$188T:
The value of bank assets worldwide increased gradually between 2002 and 2023, despite some fluctuation. In 2023, global bank assets amounted to more than 188 trillion U.S. dollars, up from 183.2 trillion U.S. dollars a year earlier.
At 2%, this represents
$3.76T in Bitcoin. For comparison, the current market cap of Bitcoin is
$2.05T.
This, even at 2%, is a game changer for Bitcoin.
I don't understand why this topic isn't more popular because this is one of the biggest news that I've seen. This allowance is nothing on its own but it's a huge thing in a way that as you mentioned, banks have a huge marketcap and the trend goes in favor of cryptocurrencies, so, over time, it's guaranteed that almost every bank will keep 2% of their reserves in Bitcoin but I'm also sure that this limit will soon increase, Bitcoin just needs to be more mature and less speculative.
Everything is becoming more interesting. One of the best asset of the future is here in front of us and I don't understand why there aren't many holders.