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:#BTC
[PODCAST] JustDario Cigar Time – Episode 2
TLDR: My read on FOMC and BOJ actions, the SMCI elephant in the room and what BlackRock sponsored Bitcoin narrative signals. Subscribers only, log in to listen the podcast. TRANSCRIPT Hello everyone, and welcome to the second episode of JustDario Cigar Time. I’ve just picked up my cigar, so let’s sit…
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…