M2’s Post

Another way to put the bitcoin ETF flows in ETF context (besides showing their #s relative to past new launches) is how they stack up to ALL ETFs in past 1 week flows. Even after four days two of them are in Top 5 and three in Top 10, up there w the studs $VOO, $QQQ et al.

Decisions, decisions: bitcoin ETF or Lotto ticket? One wonders about how suitability is assessed for clients who are being pitched this thing. I suppose that MS could defend itself by arguing that any exposure (er ... "investment") that exhibits random return patterns can be risk-reducing on a portfolio basis, provided you keep the exposure small. But you could make the same case for advising clients to buy Lotto tickets (while collecting fees!). Or, you could be an investment advisor who creates a new product that, for a small bet (and fees, of course), offers the possibility of outsized returns. For example: pay $1,000 for a chance to run across a busy freeway and, if you make it across, you get $1,500. Then sell options on each punter's success, collect more fees. The only limit to such product ideas is your own imagination. Bob Seeman Better Markets

Here’s your weekly ETF update: 🔹 Weekly outflows of $167M from Bitcoin ETFs 🔹 Weekly inflows of $104.8M into ETH ETFs 🔹 ETH Spot ETFs see first week of net inflows 🔹 Morgan Stanley advisors can pitch Bitcoin ETFs 🔹 BBG analyst James Seyffart, CFA, CAIA predicts “ETF options happen in 4th quarter”

As we approach the quarter-end options expiry this Friday, the options market has been notably quiet, with the typical quarter end vol sell off taking effect. Some chatter appeared today suggesting the imminent trading of ETH ETFs. 1. VanEck has filed their 8-A form, worth highlighting the same form for Bitcoin ETF was filed exactly 7 days before the launch. 2. VanEck subsequently announced zero fees for the initial phase of their ETH ETF. Read more here: https://lnkd.in/gqFPqmHb

📊💼 Bloomberg analyst James Seyffart suggests that while the conversion of GBTC to a spot ETF may have taken time, the timing could differ from other Bitcoin spot ETFs. He indicates that even if GBTC is not an ETF on the first day when other Bitcoin spot ETFs are listed, there remains an open possibility that GBTC's ETF conversion and approval of other spot ETFs could coincide. 📈🚀 #BitcoinETF #GBTCConversion

Despite a short time of market correction, BlackRock, along with other newly-launched spot bitcoin ETFs has achieved a remarkable success, securing $1 billion in assets within just four days of trading. Check our recent posts for everything you need to know about Bitcoin ETF! Scan the QR code, join our topic discussion and share your thoughts! #BlackRockETF #BitcoinETF #CryptoInvestment #MarketCorrection #TradingSuccess #AssetGrowth #FinancialMilestones #CryptoAssets #InvestmentStrategy #StonkTech