Blackrock recently made some news when they announced that their most aggressive asset allocation models would invest ~2% in bitcoin etfs. To put that into perspective, an estimated $100B tracks BlackRock allocation models in total (source: Cerulli). Probably less than 10% of that is in the most aggressive models (60/40 is the sweet spot), which means that maybe $2B will go into IBIT as a result. It’s a start and better than nothing but not yet a game changer IMO

Bitcoin has had a great year up 26% - significantly outpacing global equities (around +9%). Sure it couldn’t match gold at +38% but you can’t win em all!!

It was announced that MSTR was joining the Nasdaq on December 13th when the stock was 408. The stock is now 240. The podcasters told me that passive equity ETF inflows would drive the stock even higher. Can another podcaster help me understand what is happening?

Remember when the podcasters said that MSTR being added to the N100 would drive the share price up?

@River Suggestion for the main chart. Everyone knows #bitcoin is a long term investment, yet 4 of the 5 timeframes you show on the chart are short-term oriented. Plus the long term chart isn’t all that helpful (but it’s a nice bitcoin commercial). What about scratching the 1 week and inserting a 5-year view? Thanks for your consideration!