I am not so hopeful. The fact that more than 30% of ALL Jinn are invested in the ICO means that even at current rate close to half of all Jinn owners would rather trade them out for BTC (or BTC equivalent asset) at a price under market price, than hold them.
While there might good reasons to sell the JINN Assets and to realize the 5 time ROI, i think the swap with Jinn tokens is a risky idea. Jinn holders get profits from hardware sales, the buyer of IOTA token get only the token but nothing from the hardware sales etc. even if substantial amounts of the raised funds will go into the further development of the Jinn processor.
And what will happen in the illiquid Jinn market if the IOTA team needs to cash out. 200+ BTC worth of Jinn would in the current market absolutely destroy the price (If there is even buyers for anything close to that amount).
Do they need to cash out? Do they need to do it in only a few days? Maybe the BTC will go to developers which will hold them?
I think the IPO/crowdsale was prematurea and with something presentable the would have collected more solid funds but thats their decision.