Let's keep the #fud away โ๐
Posting updates and giveaways every week in September, starting this week!
Like and repost for a chance to win a Gen 0 ๐
(PS, this is just a fun thing for the community to get us through the low times)
#kadena#kda
Options are coming to #Bitcoin ETFโs in Q4 according to @JSeyff at Bloomberg, which immediately turns #Bitcoin into a cash-flow income generating asset & itโs beginning of game over for real estate.
This is why Options on #Bitcoin ETFโs is a mind bending game changer.
Letโs say you have $100,000 of #Bitcoin in an ETF.
Youโll be able to sell a call at 1% per month - extremely safe.
And make a $1,000 monthly income.
With no tenants, no maintenance, no lawyers, no mortgage lenders, no bullshit.
100% profit.
And in 4 years, if that goes to $400,000, youโll now make $4,000 a month with the same risk profile.
This might not be relevant to non financially astute investors but intelligent investors will be salivating over this product development.
In 2 cycles, assuming just a doubling each cycle, your income on that position grows from $1,000 a month to $4,000 a month to $8,000 a month.
And with #Bitcoinโs volatility, youโll be able to go so far out of the money that the risk of being called out will be negligible.
And of-course youโd only do this in a sideways/down market as upside bull market returns will always be better with cap gains.
This is a monumental addition to #Bitcoin when approved in Q4 as @JSeyff says.
And we havenโt even touched on the speculative loop that requires institutions to suck up #Bitcoin to provide these options.
There are a total of 330,000 Financial Advisors in America.
They oversee $100 Trillion of wealth.
Robbie Mitchnick (head of Digital Assets at @BlackRock) has said that people are pursuing a 2-3% initial allocation.
This is a minimum $2-$3 Trillion injection of capital.
According to the #Bitcoin Bear Market Multiplier (55:1), we could be looking at a price of $5.2m per #Bitcoin - in a very short number of years after everyone is onboarded.
I predict all 330,000 advisors are onboarded by end of 2026.