NUGGETS OF ALPHA
Bukele is orange pilling Qatar's head of the Sovereign Wealth Fund
The Bitcoin realized price flipped the long-term holder realized price
MSTR made $2.1B in unrealized profit by issuing shares with a 10% premium
BTC currently has a 1.79% inflation rate; next year, it will go to a 0.83% rate
The U.S. interest on national debt is now $1T and rising
This has been, by far, the best year of my life in investing. FOMO is everywhere. It is in my phone, in nation-states, in wealth funds, in Wall Street, and it is intense!
This graphic from Swissblock summarizes the Bitcoin “pumpamentals”, as IvanOnTech would say. You can see that Bitcoin is strong across the board. Find me an asset that is zero risk and 100% bullish.
This meme captures what the U.S. institutional players are feeling right now. The FOMO is happening. Traditional assets are not producing the alpha needed for Wall Street.
If the BTC ETF launch emulates the Gold ETF, then it could go up for eight years straight. The potential for a Bitcoin spot ETF is within touching distance, and its impact on the cryptocurrency market could be just as transformative as the introduction of the SPDR Gold Trust. Just as the gold ETF provided investors with a convenient way to add gold to their portfolios, a Bitcoin spot ETF could pave the way for the widespread adoption of Bitcoin as a mainstream asset class.
The SPDR Gold Trust's launch ushered in an eight-year bull run for gold, and a similar surge could be in store for
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