Financial Advisor, UTK Alum Philippians 4:13. All opinions are my own and do not reflect the opinion of Thrivent. Retweets, likes, follows≠Endorsements
Just how big was the first year for Bitcoin ETFs?
MASSIVE
Here's a list of the largest ETFs 1 year after they launched. Even if you inflation adjust the assets, 4 of the Bitcoin ETFs are in the top 20 US ETF launches of all time. $IBIT, $FBTC, $ARKB, and $BITB
Before the madness begins, I want to take a moment to wish you a Happy New Year.
Whether you work 20 or 80 hours a week.
Whether you’re a fan, a bot or a hater.
Whether you love America, respect legal immigrants or you want to deport them all.
2024 has been an epic year for us all.
May 2025 be the beginning of the greatest years of your life. 🍾 🎉
Luke 2:10-11
“And the angel said to them, ‘Fear not, for behold, I bring you good news of great joy that will be for all the people. For unto you is born this day in the city of David a Savior, who is Christ the Lord.’”
🙏
MERRY CHRISTMAS!!
🎄
🚨BLACKROCK ETF BUYS FIRST MUNICIPAL BONDS ISSUED VIA BLOCKCHAIN
In a groundbreaking move, BlackRock's iShares Short Maturity Municipal Bond ETF (MEAR) purchased $6.5 million of municipal debt issued through blockchain technology by Quincy, Massachusetts.
This marks the first time muni bonds were fully issued, settled, and held on JPMorgan’s private blockchain platform.
BlackRock hailed the deal as a “significant moment” for the bond market, highlighting blockchain’s potential to “transform capital markets.”
The ETF’s prospectus was updated to include blockchain risks like liquidity concerns and software errors, reflecting the tech’s evolving adoption in finance.
Source: Bloomberg
Daniel Penny is an American hero.
His situation has been eating away at me and I have chosen to only talk about it in private until now. But I believe it is important that more people feel free to discuss these situations, so I may as well start with myself.
The reason this situation is disturbing is because I could have been Daniel Penny. We both served in the military and deployed overseas. The military trains young men to stand up for what is right, especially when defenseless women and children are being directly threatened by a credible threat.
If my wife and children were on that subway car alone, I pray that a young man like Daniel Penny would step in and protect them.
I have paid close attention to Penny trial. The evidence is overwhelming that Daniel Penny did exactly what we should hope every young man in the country would do in that situation — he put himself in danger to protect women and children.
After putting himself in danger and gaining control of the situation, every innocent citizen was able to safely escape the situation at the next train stop. The police arrived and Jordan Neely was still alive.
But here is the insane part — the police did not administer first aid because they were scared for their own personal safety. They felt there was a risk of contracting HIV.
Imagine a scenario where a young man is willing to put himself in danger to potentially save innocent bystanders' lives, but the police deem the situation so risky when they show up that they are unwilling to put themselves in the same danger.
That is the definition of what a hero does.
If we live in a society that tries to punish young men for doing the right thing—for protecting women and children that are in danger—then we will live in a society that is overrun by criminals.
That is not the society we want to live in.
The jury is currently deliberating the fate of Daniel Penny. They just told the judge that they are deadlocked and can not reach consensus.
This means there is at least one courageous individual in that jury room that is refusing to go along with the charade. Whoever that individual is, may we hope they continue to stand strong in the face of immense pressure.
Daniel Penny acted heroically on that subway train and now his freedom depends on a fellow citizen doing the same thing in that jury room.
Hopefully we find out today there is more than one hero ready to stand up for what is right.
David Sacks is the very best of America - a successful entrepreneur, a principled free speech absolutist and a brilliant technologist. He will make sure the US stays at the forefront of AI and Crypto - two of the most consequential technological movements in history.
Make America Great Again!
Excellent choice for an advisor. @DavidSacks is a very well connected and successful businessman within Silicon Valley. I trust the clear wisdom and vision that David will bring to the administration will be in the best interest of our United States of America. 🇺🇸
$1.9b is unheard of for Day One. For context, $BITO did $363m and that's been around for four years. And also this is with 25,000 contract position limits. That said, $1.9b isn't quite big dog level yet tho, eg $GLD did $5b today, but give it a few more days/weeks.
@chinesegon Advising involves
-comprehensive planning for personal goals
-asset allocation
-spending budgeting
-life insurance
- Disability Insurance
-Long Term Care
-utilizating work benefits
-Estate planning
Digging into someone’s credentials and licenses and designations is important
@chinesegon I’ve heard people share this opinion on multiple occasions. Unfortunately bad actors have made bad names for the industry as a whole.
Every case is unique and a lot more goes into it than blanket advice to invest in the S&P.(not suitable for everyone) 1 of 2