Financial advisor Ric Edelman has suggested that cryptocurrency allocations in investment portfolios could reach up to 40%, a significant increase from the 1% he recommended in 2021. Speaking on CNBC's Crypto World, Edelman highlighted the mainstream acceptance of cryptocurrencies, noting that previous concerns about government bans, technological failures, and institutional adoption have been resolved. He emphasized Bitcoin's lack of correlation with traditional assets, making it a valuable diversification tool that can enhance risk-adjusted returns. Edelman also pointed to market forecasts predicting Bitcoin could reach $150,000 to $250,000 by year-end as relatively conservative.