Here are mine and @EricBalchunas' most recent odds on spot crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in this second half of 2025.
Rafah is gone, erased and our people have been slaughtered. Our calls have been systematically put down to raise the voice of terrorism. This is the world we live in today.
Strategic #Bitcoin Reserves to offset U.S. debt is a feasible approach.
Over the past 15 years, $790 billion in realized capital inflows have propelled Bitcoin’s market cap to $2 trillion. This year alone, $352 billion in inflows have added $1 trillion to its market cap.
However, using a pumpable asset like Bitcoin to offset dollar-denominated debt—rather than gold or dollars—could make gaining creditors’ consensus challenging. For Bitcoin to achieve broader market acceptance, Bitcoin must attain global, nationwide authority on par with gold. Establishing a Strategic Bitcoin Reserve (SBR) could serve as a symbolic first step.
With 70% of U.S. debt held domestically, offsetting 36% of it by acquiring 1 million Bitcoin by 2050 becomes feasible if the U.S. government designates Bitcoin as a strategic asset. While the remaining 30% of debt held by foreign entities may resist this approach, the plan does not rely on settling all debt with Bitcoin, making the strategy practical.