Eric said this best. But it takes guts to put your picks out there for everyone to see on a daily basis and to generate an actual track record. There's a reason most people don't have ETFs with their picks/calls. https://t.co/enuos3cgOq
Doesn't change dates in my/our view. Still watching that Jan 8-10 window. (Yes technically some filers could be approved before that -- just dont think its likely) https://t.co/ARhFvvA2TB
Interesting piece this morning from @VildanaHajric on Miami-based 7RCC's filing yesterday for a spot Bitcoin ETF that will will be ~80% spot #bitcoin and ~20% Carbon credits. https://t.co/EkiHLP1Fe6
@VildanaHajric “We were one of the few believers at the beginning of this year that we will be seeing spot ETFs by the end of 2023 or the beginning of next year, so we are very excited to see the recent push in that direction,” said Rali Perduhova, 7RCC’s co-founder and CEO
I don't know who needs to hear this, but apparently there are a lot of you on this app. Cash creation does not mean the fund won't hold spot #Bitcoin or that a Bitcoin ETF will be a fractional reserve product. Even in cash create/redeem -- the funds *WILL* hold spot Bitcoin.
Just watched @NoelleInMadrid put on a clinic for how to do a ~5 minute TV segment about Bitcoin and the broader crypto Eco system with @kaileyleinz on @crypto. Wish I could be that smooth and eloquent during a live TV interview! haha
If you're interested -- our webinar will begin in ~10 minutes. Covering the ETFs industry as a whole in the US. Should be a little more lively that a normal webinar due to a healthy % of meme slides involved. Link to register below:
Prediction: $SPY will likely break its monthly inflow record this month but it will also break its monthly outflow record in January 2024. Current record is -$30.5 billion.
Update: @hashdex had a meeting with the SEC on December 14th regarding their #Bitcoin ETF application. Not sure why it wasn’t added to the site till yesterday. But both the division of corporate finance and division of trading & markets were there.