Just transferred my 401k from Vanguard to Fidelity. It took about 15 minutes.
If you have an account with a broker currently blocking access to
#bitcoin
ETFs, close it and get out.
Make these boomers hurt
Reminder that Elizabeth Warren is one of the worst legislators of all time
Lifetime stats for Warren Bills:
- 305 introduced, 0 became law
- 1766 Co-sponsored, 45 became law
She’s just an IRL engagement-bait troll
@paulkrugman
"I don't get why people aren't able to casually calculate the second derivate of prices of a basket of goods in their head, and then fail to give the government credit for that arbitrary number being negative."
🚨
#Bitcoin
ETFs bought 3520 BTC ($235m) yesterday
That's 8x ALL the bitcoin mined
There is NOT ENOUGH bitcoin to sustain $70k
Strap in. God candle is coming 🚀
@dollarsanddata
Here’s an actual hot take:
Average people shouldn’t have to act like hedge fund managers in order to save their wealth.
‘Hoarding’ is a Keynesian slur.
The most bullish set-up in
#bitcoin
history looks like:
- Retail still asleep
- Rates still high
- Halving imminent
- Pro-BTC US Presidential candidates
- Blackrock smash buying 10k / day
- Paper BTC cleared out
This. Time. Is. Different.
🚨 BREAKING: The State of Wisconsin Investment Board has $142m in
#Bitcoin
ETF exposure
SWIB invests the retirement savings of Wisconsin Government workers
US Government investing in Bitcoin! 🇺🇸
🚨 MORE
#bitcoin
ETF news: Morgan Stanley (!) filed a prospectus announcing bitcoin exposure in TWO portfolios:
- Discovery Portfolio
- Growth Portfolio
It's happening 🚀🚀
Happy anniversary Executive Order 6102!
On this day in 1933, FDR pulled off the greatest heist in US history: Confiscating all gold in the country.
Thanks to
@BitcoinMagazine
for publishing my piece on the history and consequences of 6102.
Thread: 🧵
NEW: 🏦 Two more US banks filed
#Bitcoin
ETF ownership forms today:
- First United Bank ($13.5B AUM), HQ Oklahoma
- Stock Yards Bank & Trust ($8B AUM), HQ Kentucky
Bitcoin eating TradFi
ETF UPDATE
Added a 'race' visualization to the
@apollosats
#Bitcoin
ETF Tracker
Shows how quickly the ETFs (ex GBTC) have been accumulating since launch - now collectively HODLing 100k+
#BTC
NEW: Boothbay Fund Management is the 3rd largest
#Bitcoin
ETF holder, per SEC filings.
$12B AUM Wall St. hedge fund
They have $296m between four ETFs:
- BITB ($47.5m)
- IBIT ($136m)
- FBTC ($49.5m)
- GBTC ($63m)
@paulkrugman
Just keep posting through it Paul. Any day now, the misinformed public will realize you’re right, and their skyrocketing grocery bills are simply imagined.
🚨 New BlackRock
#Bitcoin
ETF Whales!
Rubric Capital Management ($60m) and Symmetry Investments ($53m) are now the two biggest IBIT holders, per SEC filings today
NEW: 🇨🇭 Two more Swiss funds have
#Bitcoin
ETF exposure, per 13F filings.
Bellecapital International and Lugano Financial Advisors have $7.5B AUM combined 🚀
I’m in
#Bitcoin
because I believe in human greatness and the indomitable Faustian spirit of Western civilization.
In my lifetime I hope to see new Sistine Chapels, Hoover Dams, and Space Stations.
None of this is possible with broken money.
So we must slay the Fiat dragon.
New
#Bitcoin
ETF whale: CRCM LP has $88m in IBIT
That makes them the
#5
holder overall.
And with only $547m AUM, that means they've allocated 16% to IBIT. The most by a LONG way.
🚨 JUST IN: 🇭🇰 More Hong Kong
#Bitcoin
ETF whales surface in SEC filings:
Monolith Management and IvyRock Asset Management are now top 5 IBIT holders, with $22m and $16.5M respectively 🫡
🚨
#Bitcoin
ETFs bought 3654 BTC yesterday
Larry Fink is shilling IBIT to every investment advisor in America.
And it's working.
Realize where we are. UP 🚀
New: 🇮🇱 Israeli insurance company Harel Investments ($7B mkt cap) has
#Bitcoin
ETF exposure, per SEC filings today.
Insurance the next bitcoin frontier?
NEW: BlackRock filed their own 13F today, reporting a $5.5m stake in IBIT.
This is a pretty modest stake. For reference, the other
#Bitcoin
ETF issuers that have filed are the
#1
holders of their own products:
- Ark with $176m in ARKB
- Van Eck with $85m in HODL
🚨
#Bitcoin
ETF whale alert:
Discovery Capital Management has $81m in GBTC, per 13F filings today.
They're the single largest GBTC holder excluding market makers (i.e. Susquehanna)
Discovery is a macro hedge fund with $2.5B AUM, meaning they have 3.2% allocated to GBTC!
New: 🏦 $34B bank South State has
#Bitcoin
ETF exposure to IBIT and GBTC, per 13F filings today.
They have 300+ branches across Florida, Alabama, Georgia, Virginia, and the Carolinas 🇺🇸
@BritishHodl
Everything that happened in
#Bitcoin
markets before Jan 10 2024 is irrelevant.
A few thousand cypherpunks simply cannot be compared to the largest financial institutions in the world smash buying 10k BTC every god damn day
NEW: Invesco just filed their 13F!
The issuer of the $BTCO
#Bitcoin
ETF has ~$1m allocated to...GBTC? 🤔
Appears to be the first issuer invested in somebody else's ETF, and not their own
New
#Bitcoin
ETF whale: 🇭🇰 Hong Kong fund Yong Rong is the biggest ETF holder yet, per SEC filings today.
They have $38m in Blackrock's IBIT. That's 10% of their US holdings, and double the next biggest holder.
Venture capital is going to look so different on a bitcoin standard
Unsound money and high time preference is the water in which startup and VC fish live, and of which few are aware
Bitcoin fixes this
#Bitcoin
ETFs are net +237k BTC since launch.
Meanwhile, all the platforms like Morgan Stanley, and all the pension funds ($24T 🇺🇸 AUM) are still finishing their due diligence.
How long do you think that takes?
Be ready.
Only 450
#bitcoin
is mined daily.
For 64 of the past 70 trading days, Blackrock has taken in more than 450 BTC by itself.
Do with that information what you must.
#Bitcoin
adoption will experience a swifter and more pronounced upswing than other networked technology S-curves.
Primarily because of the hefty consequences latecomers face in a monetary revolution.
Once
#Bitcoin
is obvious to the masses, all bets are off.
@ijkcomputer
@paulkrugman
What advice would you give to the tens of millions of Americans who know they’re poorer due to inflation?
“Be more data driven”?
“Don’t believe your lying eyes”?
🚨
#Bitcoin
ETF Boomer alert!
13F filings show *huge* retirement planning firm Global Retirement Partners has exposure to SEVEN different bitcoin ETFS.
GRP has 1.6M customers and $140B AUM!