🇭🇰 Hong Kong just approved spot #Bitcoin ETFs.
- Harvest Global Investments
- China Asset Management
- HashKey and Bosera
OSL Digital Securities will provide custody for the Harvest and CAM Bitcoin ETFs
USA and China to Battle for #Bitcoin Supremacy
- US Bitcoin ETFs now HODL more than 800,000 $BTC
- Hong Kong just approved the first batch of Bitcoin ETFs
- Up to $25 Billion in demand from China to be unlocked by Hong Kong ETFs.
Max Bidding Begins... 🤑
https://m.primal.net/HvTl.jpg
BREAKING: 🇺🇸 Key inflation data was leaked to BlackRock and JP Morgan by the Bureau of Labor Statistics, allowing their traders to make market moving bets - Bloomberg and NYT
https://m.primal.net/HtOF.jpg
JUST IN: 🇺🇸 Signal Advisors, a Michigan-based platform for independent financial advisors, reported owning 20,571 shares of the BlackRock Bitcoin ETF in filings with the SEC.
Here. We. Go! 🚀
Bitwise is giving 10% of profits to fund Open-Source Bitcoin development.
They are the 4th biggest ETF among the 9 new funds.
They have not been “crushed”.
🤨
BREAKING:🔸🇭🇰 Multiple Chinese Institutions to Launch #Bitcoin ETFs in Hong Kong, including:
- Harvest Fund ($230 Billion)
- China Southern Fund ($284 Billion)
Source: China's financial newspaper, Securities Times
BREAKING‼️ BlackRock adds Goldman Sachs, Citadel, UBS and Citigroup to #Bitcoin ETF as authorised participants - CryptoSlate
Wall Street has arrived.
Don't sit on the sidelines...
https://m.primal.net/HrdQ.jpg
NEW: Morgan Stanley wants to be the first US bank to fully approve #Bitcoin ETFs for advisors to proactively offer it to ANY client.
They are in a race with UBS to approve
Both going through compliance process now.
First major brokerage to approve will likely lead to ALL doing the same.
https://m.primal.net/HrIZ.png
JUST IN: 🔸Bitcoin ETF Update
$418m inflows yesterday.
In just 1 day Bitcoin ETFs recovered almost HALF the outflows from the previous 5 trading days.
https://m.primal.net/Hoqh.jpg
JUST IN: Rumour that Morgan Stanley will approve #Bitcoin ETFs on their platform in the next 2 weeks are getting stronger.
Early this month Morgan Stanley filed with the SEC that 12 of their funds may buy Bitcoin ETFs.
Morgan Stanley has $1.5 Trillion in assets under management.
https://m.primal.net/Hoqg.jpg
The CEO of the company that made the dubious “24,800 #Bitcoin LOI” announcement yesterday has resigned bc he was not given details of the transaction Or the announcement beforehand.
In his own words: It’s a classic pump and dump.
The stock did a 10x today.
It was so obvious.
https://m.primal.net/Hohy.jpghttps://m.primal.net/Hohz.jpghttps://m.primal.net/HoiA.jpg
BREAKING: The world's biggest pension fund, Japan's $1.4 Trillion Government Pension Investment fund, is looking into buying #Bitcoin
https://m.primal.net/HmOv.jpg
Michael Saylor Bet Billions on #Bitcoin and Keeps Winning
--------------------
MicroStrategy had a market cap of $1.3b when it first bought bitcoin on the 11th of August, 2020.
This kicked off a Bitcoin buying spree that has seen the company spend $5.98 BILLION accumulating 190,000 $BTC
To date this is the single largest corporate treasury holding of Bitcoin.
The 190,000 Bitcoin acquired for $5.98b is currently worth $9.96b.
Profit so far = $3.98b
Starting market cap = $1.3b
‼️Unrealised profit is 3x bigger than the entire market cap of MSTR before it bought bitcoin.
It's market cap now is up more than 9x at $11.94b.
When Bitcoin hits $100K USD, MicroStrategy's profit on its current Bitcoin holding will be worth £13.58 BILLION.
More than 10x its market cap from when it first started buying Bitcoin.
#Winning 🤑
Oddbean new post about login | logout
Notes by BitcoinArchive | export