Based on the sale price and the deep pockets of the new casino-mogul owners, one would assume Dallas intends to think big and play for championships. But you never know what the priorities of new management will be.
Hanging over all of this is an ownership change, as Mark Cuban sold his majority stake in the team to the Adelson and Dumont families for $4 billion in December
Does the fact that Dončić is playing at levels even he's never reached while Irving has been as well behaved as anyone could have imagined mean this is a "go for it" situation?
However, inflows for both funds have slowed over the past several days. BlackRock, for example, added just 1,663 tokens on Jan. 24, its weakest daily addition since opening for business, and down from 8,705 on Jan. 17.
Among the other nine funds, BlackRock’s IBIT and Fidelity’s FBTC are leading the way, with each now holding more than 40,000 bitcoin as of Jan. 24 versus 20,000-25,000 for each one week ago. Both are also closing in on $2 billion in assets under management.
The group of recently launched spot bitcoin exchange-traded funds (ETFs) are seeing combined negative flows for the first time since they opened for trade on Jan. 11 as money moving into funds like BlackRock's IBIT and Fidelity's FBTC has failed to keep pace