Looks like SEC just approved in-kind creation / redemption for all spot bitcoin and ether ETFs. In the U.S., in-kind redemptions are generally considered non-taxable events for the ETF itself. When an AP redeems ETF shares for Bitcoin or Ether, the ETF transfers the underlying cryptocurrency without selling it, avoiding a capital gains tax event within the fund.
To take advantage a fire sale you must first avoid getting burned πŸ”₯
True abundance is knowing exactly what to do when you need to do it. image
The true sound of healing is love πŸ’« image
Global M2 breaks another ATH. This means that Bitcoin has more room to run. Blue line is BTC and the yellow line is Global M2.
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China fully understands the power of the sun, the great nuclear reactor in the sky. 464GW is like creating 464 Nuclear Reactors and they did it in just 12 months! That's more than the total EU solar capacity as of 2024 (338 GW) and DOUBLE the total US solar capacity (229 GW). All this while the Trump admin is turning its back on solar. image
When liquidity is abundant, capital flows into growth. And Bitcoin is the ultimate high-beta growth play. image
Valuing humans for what they have to offer can be our medium of exchange. It’s the unlimited production of fiat currency that will not allow us to do that. Perhaps with the limited scarce supply of β‚Ώitcoin we will achieves this attribute and as a civilization, experience true harmony and abundance. image
I come for the memes and stay for the charts.
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