CFA. CAIA. ETFs. Cryptos. Asset Management. @Bloomberg. @bbgintelligence. Runner. Opinions my own. Likes, RT's & Follows≠endorsements
Sentiment timeline shows relative sentiment within this analyst's history. A perma-bull showing 8 bullish : 2 bearish in a bear market sets that as their baseline. If you notice any errors, claim @JSeyff to submit corrections.
ETF Flow data and 13F reporting data back up this Bitwise survey that says long term allocators to Bitcoin ETFs held through the ~50% drawdown and many even bought more. By far, the biggest sellers of the ETFs over the last ~year were hedge funds and retail traders/investors https://t.co/mApjG1FSK6
View original →Bitcoin ETF Flows since 10/10 are inching closer to erasing the outflows that started in October. Last four days of flows have been +$160, $433, $999, and $715 million for a total net inflow of over $2.3 billion bitcoin:native https://t.co/gOlRA9YEqD
View original →US Spot Bitcoin ETFs had about $4.5 billion in trading volume today. Which isn't all that high considering the move in BTC itself. Even this past Friday was a slightly bigger day at $4.6 billion https://t.co/NCx6VFjz8d https://t.co/rswucrUtTr
View original →NEW: The average Bitcoin ETF Holder is back above water for the first time since January. The rally this morning has bitcoin:native above our estimated ETF cost basis of $81,722 per coin. h/t @EricBalchunas https://t.co/h21zuvTxj6
View original →NEW: @AmplifyETFs files for the “Amplify Pro Sports Private & Public Ownership ETF”  https://t.co/lpd9w4x9Qr
View original →I’m shocked. I really thought this one would be different from the 7,467,985 before it. https://t.co/28O9xA8pt0
View original →Staked Tron ETF coming to market from @CanaryFunds. tron:native $TRXS https://t.co/6Pt02WAi78
View original →600 BTC is quite the tip hahaha. I have no idea what would be a standard acceptable bounty though? Still … cold card victims would probably gladly give up 15% of their BTC to get back the other 85%. Doubt there’d even be any questions 🤷🏼♂️ https://t.co/8jScsEmSAu
View original →Here's what cumulative flows look like for the US Hyperliquid ETFs since launch this spring: ~$350 million of inflows. $BHYP $HYPG $THYP Full report: https://t.co/UegvBVnwsg https://t.co/0AVqHGPgAp https://t.co/gVzlsGoqOl
View original →This is *nothing* like a Ponzi scheme https://t.co/zUaPQkBu6g
View original →"The average ETF buyer is now in profit after the estimated ETF cost basis surged above $81,720 for the first time since January."
"Explains how wirehouse rules at firms like Morgan Stanley and JPMorgan still restrict how financial advisors can buy Bitcoin ETFs for clients; discusses target allocations, why many advisors chose to wait out the bear market, and how a small shift in allocation could bring big new demand"
"The funds turned over about $4.5 billion, which Seyffart called not especially high given the size of the move in Bitcoin"
"The average holder of a U.S. spot Bitcoin fund back in profit for the first time since January"
"The average Bitcoin ETF holder was back above water for the first time since January, as Bitcoin moved above his estimated ETF cost basis of $81,722 per coin."
"The move put the average US Bitcoin ETF holder above water for the first time since January."
"US spot Bitcoin ETFs traded about $4.5 billion during the latest session"
"The rally on Monday morning in New York posted the average investor above the estimated ETF cost basis of $81,72 for the first time since January"
"Essentially, it opens the door for Franklin's registered funds (mutual funds, ETFs, etc) to hold its OnChain fund despite not technically satisfying 1940 Act custody rules"
"pretty damn good"
