Stocks and Bitcoin could get a $40 billion influx of stimulus cash: At the Open

A slight bid remains in stock futures after late buying on Monday brought about new record closes.The 10-year Treasury yield is little changed, hovering around 1.6% with the Federal Reserve's two-day policy meeting starting today.(SPY) +0.2% premarket, (QQQ) +0.6%, (DIA) +0.1%, (TBT) -0.4%, (TLT) -0.1%And as direct stimulus checks start arriving in bank accounts, markets can expect to see a sizable portion of stimulus funds, according to a recent survey.Mizuho Securities surveyed 235 people who expect to get checks, with 20% expecting to allocate up to 20% of the checks to Bitcoin (BTC-USD), stocks or both. In addition, 13% would invest up to 80% and 2% would invest 80% of more.About 10% of $380B sent out in direct checks could be invested, approaching $40B, according to Mizuho."Bitcoin is the preferred investment choice among check recipients. It comprises nearly 60% of the incremental spend, which may imply $25 billion of incremental spend on bitcoin from stimulus checks,”