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HHorsley
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There's a lot of Bitcoin Treasury Companies that have announced— but haven't yet closed, and thus bought the
bitcoin
.
There's a lot of demand coming in Q3.
#BTC
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Millions of inflows into Bitwise Ethereum ETPs in both the US and Europe today.
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I think once Bitcoin breaks through eg $130-150k, no one is going to sell their Bitcoin. Right now at $100k, it seems individuals who hold a lot of Bitcoin that was bought a long time ago at very low prices, are selling some. That said, once Bitcoin breaks new levels, this will peter off. And from there on, when people need liquidity, they are going to borrow from an ever growing set of lenders. All of which will further propel price. There's simply not going to be enough Bitcoin.
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A $12B AUM RIA approved access to three Bitwise ETPs today for clients — The drumbeat of progress continues.
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From an email from a wealth management client today: "We include digital assets in our alternative exposure which we spread out amongst private equity, private real estate & private credit." Crypto is a new alternative asset class —
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Thrilled to share that as of today @Stifel (~$500B AUM in wealth management) is allowing financial advisors access to $BITB and $ETHW. Stifel is a fantastic firm and a ton of work from their team went into the approval. We're so happy to get to support it. Millions of people rely on their financial advisors to participate in investment opportunities. Delighted for advisors to have access to the opportunities in this space. 2025 is a shaping up to be a watershed year for crypto going mainstream. ~~ BITB Disclosures & Prospectus: https://t.co/kjsBn1qvI6 BITB is not an investment company registered under the Investment Company Act of 1940 and is not afforded its protections. BITB is not suitable for all investors. BITB is subject to significant risk and heightened volatility. ETHW Disclosures & Prospectus: https://t.co/l9thx4FsrI ETHW is not an investment company registered under the Investment Company Act of 1940 and is not afforded its protections. ETHW is not suitable for all investors. ETHW is subject to significant risk and heightened volatility.
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