BlackRock’s spot Bitcoin ETF (IBIT) has been by far the most successful ETF launch in the firm’s history and with ~22.5 bn USD of AUM already is set to surpass the established iShares IAU Gold ETF (~31bn$ AUM) in the near future. However, why does a firm that manages ~10.6…
Tag:#Bitcoin
WHY WE ARE BUILDING SYNNAX, AND WHY CREDIT INTELLIGENCE IS THE FUTURE
As many of you know, I am quite fond of digging deep into corporate financials. However, there is a physical limit to how much a person can cover. Furthermore, it requires a long time and experience to not miss the nuances of increasingly complex financial reporting documents. Add to this…
THE ETHEREUM ETF IS A BIGGER DEAL THAN YOU THINK
Earlier this year in “WHY A BITCOIN ETF WILL REMOVE THE BARRIER BETWEEN CENTRAL BANKS’ MONEY PRINTING AND CRYPTO” we saw a great leap forward being taken toward the fungibility of the crypto and Fiat ecosystems. Was the SEC on board with it? Of course, it wasn’t, and not because…
THE NEXT CRYPTO ALTCOINS SEASON WILL BE A SPECTACULAR DISPLAY OF FOMO
All the talk about #crypto as of late has been mostly around #Bitcoin and the #Bitcoin ETF that, like it or not, has been the most successful ETF launch ever. A while ago, I explained what the #Bitcoin ETF meant for the whole #crypto industry (“WHY A BITCOIN ETF WILL…
STOCKS’ PURSUIT OF HAPPINESS: IGNORE EVERYTHING, EVEN THE BASIC LAWS OF FINANCIAL GRAVITY
The discounted cash flow (DCF) valuation model is a fundamental tool used in finance to estimate the intrinsic value of a company based on its expected future cash flows. It is based on the “time value of money” — the basic law of finance (a dollar received in the future…
NOW MORE AND MORE PEOPLE REALISE WHEN YOU CHASE UNREALISTIC EXPECTATIONS, YOU ARE INVESTING IN HALLUCINATIONS.
In December, people were literally salivating, dreaming of the flood of liquidity six #FED rate cuts would have delivered to the market in 2024. Fast forward 3 months into 2024, the expectations now are for 2 rate cuts and falling. Was the expectation of six #FED FF rate cuts unrealistic?…
AFTER #BITCOIN DID IT, NOW #GOLD IS SOUNDING THE ALARM
What are the differences between #Bitcoin and #Gold? If you put aside any personal views and stick with their pure characteristics, the two are not truly different from a monetary perspective: 1 – Both have limited supply, but at the same time, they can be divided into very minuscule units….
THIS IS WHY $BTC CAME DOWN A LOT
I am quite surprised everyone is struggling to understand what’s going on with $GBTC and #Bitcoin price action after #BitcoinETF approval. Do you remember the famous “ $GBTC Basis Trade” that sent to the grave the likes of #BlockFi and #3AC ? In a nutshell, for years, many have been…
WHAT COMES NEXT AFTER A #BTC ETF? INVESTMENT BANKS WILL STAMPEDE INTO #CRYPTO STRUCTURED PRODUCTS!
Investment Banks love risk-free (for them) “fee business,” but as of late, their “structuring” divisions have been struggling quite a bit because you can easily get 5% from a Money Market fund. Even if Jamie Dimon has been pretending to hate #Bitcoin, perhaps because he needs to play every side…