10 years ago, if you invested $10,000 in long-term treasuries & reinvested yields you'd have $11,172 today

If instead you invested $10,000 in bitcoin, you'd have $761,290

Lending money to gov'ts to kill foreigners, bail out banks & buy elections is exactly as dumb as it sounds

Bitcoin ETF Flow - 9th Feb

All data out. Strong day at $541.5m of net inflow

Invesco had an outflow, the first non-GBTC product to have an outflow day

As of January 31, 2024, Tether owns over $2.8 billion in #Bitcoin  on their balance sheet. 📝

#Tether $USDT

Prediction:

By March 1, IBIT > MSTR in #Bitcoin 

Don't mess around. Invest in the best of breed.
Invest with BlackRock.

Despite the daily headlines, the amount of #Bitcoin  held by the ETFs is still dwarfed by the amount of #Bitcoin  assumed to be lost 👀

Turns out the @SECGov DID hold a vote on the $BTC Spot ETFs.

Here’s the voting breakdown:

Gensler: Approved
Peirce: Approved
Uyeda: Approved
Crenshaw: Not Approved
Lizárraga: Not Approved
#bitcoin #blockchain #Qnt #XLM

$93 million inflow into #Bitcoin  = 1% price gain 🧮

So every $1 Billion in ETF inflows = ~10% gain (per BofA) and 👇 #Bitcoin #blockchain #Qnt