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NateGeraci
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ETFs are ↑ 116% since launching in Jan 2024…
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NateGeraci
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iShares Bitcoin ETF now w/ inflows 22 of past 23 days… $6+bil new $$$. This is legit inst’l & wealth management $$$ being allocated IMO. No view on price, but still think extremely early in mainstream “tradfi” adoption. Like top of the 1st inning. Maybe 2nd.
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iShares Bitcoin ETF last 25 trading days... 0 days of outflows. 22 days of inflows (including 21 of last 22). Nearly $6bil in new $$$.
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Coinbase client data breach obviously a bad look, but wild to see media spinning this into crypto-related narrative… Seems like this stuff happens to firms like Wells Fargo & Citigroup every other week. Company stored client data ≠ crypto
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My chat w/ @matthew_sigel... We discuss: -VanEck Onchain Economy ETF (NODE) -Coinbase joining S&P 500 -@vaneck_us crypto ETF development -Recent crypto price action -Crypto adoption & potential future catalysts https://www.youtube.com/watch?v=l1vF_PLh9T
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Amazing how many prominent people in tradfi absolutely disparaged bitcoin… Now they’re embracing it. Has been fun to watch.
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