Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 724. (Read 26586009 times)
May 16, 2024, 03:01:13 AM
May 16, 2024, 02:50:35 AM
kind of a long tweet:
https://twitter.com/BitwiseInvest/status/1790830802911048112
so the tl;dr is:
-Takeaway 1: Lots of Professional Firms Own Bitcoin ETFs
563 professional investment firms reported owning $3.5 billion worth of bitcoin ETFs as of last Thursday. By the May 15 filing deadline, we could see 700+ firms and total AUM nearing $5 billion.
(the tweet lists some of those firms and how much they own in BTC)
-Takeaway 2: A Historic Scale of Professional Investor Ownership
This scale of ownership is off the charts for a new ETF. Most ETFs attract very few 13F filers in their first few months on the market.
(the tweet says that success is comparable to the launch of the gold's etf)
-Takeaway 3: Retail Owns Most of the Float in Bitcoin ETFs (for Now)
As a percentage of total investment, professional investors own just 7-10% of all assets, but these allocations could just be a down payment.
(good, thanks for being our exit liquidity guys)
https://twitter.com/BitwiseInvest/status/1790830802911048112
so the tl;dr is:
-Takeaway 1: Lots of Professional Firms Own Bitcoin ETFs
563 professional investment firms reported owning $3.5 billion worth of bitcoin ETFs as of last Thursday. By the May 15 filing deadline, we could see 700+ firms and total AUM nearing $5 billion.
(the tweet lists some of those firms and how much they own in BTC)
-Takeaway 2: A Historic Scale of Professional Investor Ownership
This scale of ownership is off the charts for a new ETF. Most ETFs attract very few 13F filers in their first few months on the market.
(the tweet says that success is comparable to the launch of the gold's etf)
-Takeaway 3: Retail Owns Most of the Float in Bitcoin ETFs (for Now)
As a percentage of total investment, professional investors own just 7-10% of all assets, but these allocations could just be a down payment.
(good, thanks for being our exit liquidity guys)
May 16, 2024, 02:01:13 AM
May 16, 2024, 01:19:18 AM
It's going to be Ramen au gratin tonight, boys!
drumsticks 🍗 and riced cauliflower with fresh apples 🍎 for desert.
it's getting to the moon 🌝
May 16, 2024, 01:01:15 AM
May 16, 2024, 12:01:12 AM
May 15, 2024, 11:01:13 PM
May 15, 2024, 10:01:16 PM
May 15, 2024, 09:01:12 PM
May 15, 2024, 08:14:01 PM
https://twitter.com/EricBalchunas/status/1790885903084216627
Institutions are coming, will we see ATH by the end of May?
Quote
Impressive just how many dif institution types represented in first 13Fs. Here's $IBIT breakdown by type. Only inst type missing is Endowment I think. Normally you don't see this long a list of holder types till years after launch and mega liquidity (which IBIT already has)
Institutions are coming, will we see ATH by the end of May?
May 15, 2024, 08:01:13 PM
May 15, 2024, 07:54:54 PM
It's going to be Ramen au gratin tonight, boys!
Fancy
May 15, 2024, 07:37:25 PM
. May 15, 2024, 07:01:16 PM
May 15, 2024, 06:13:52 PM
The market is going wild today. I guess people are seeing the bad housing numbers and are ready for the government to start hitting the markets with stimulus again? Inflation isn’t even under control yet… This is 100% the worst financial state the country has been in during my lifetime. 2008 was bad but if you kept your job asset prices were a blessing. This time everyone is getting hurt by inflation and soon dropping home prices… Meanwhile the government debt is so out of control they will be forced to cut rates, further stoking inflation while home equity gets wiped out to pay for everyday items. Own nothing and be happy, or own Bitcoin and be stressed. LOL
The thing to remember about rampant money printing is that someone has to get that money (it's not you, sorry) and then they want to put that money somewhere which is pretty much going to be real estate and the stock market (the latter especially during an election year). So number go up.
With the tulip bubble, it wasn't so much that suddenly everyone was nutty about tulips. There was a lot of surplus money sloshing around so irrational things started happening. One might expect something similar to start happening. The answer? Bitcoin.
May 15, 2024, 06:09:10 PM
It's going to be Ramen au gratin tonight, boys!
drumsticks 🍗 and riced cauliflower with fresh apples 🍎 for desert.
May 15, 2024, 06:06:09 PM
It's going to be Ramen au gratin tonight, boys!
May 15, 2024, 06:03:04 PM
nice work buddy 66k
May 15, 2024, 06:01:13 PM
May 15, 2024, 05:58:09 PM
buddy show us that 66
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