JUST IN: Bloomberg says BlackRock’s spot Bitcoin ETF is the ‘Greatest Launch in ETF History’ 🚀
Source: Bloomberg, Bitcoin Magazine
Bitcoin monthly candle closes soon...
Will the december monthly candle look like that? $BTC Source: Trend Spider
DOGE lead Vivek Ramaswamy’s fund, Strive files for “Bitcoin Bond” ETF 🤯
👉 Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings. 👉The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options. 👉The actively managed fund will hold both direct positions in Bitcoin-linked convertible securities and derivatives, with allocation decisions based on cost and return potential. 👉The fund will maintain cash positions in short-term US Treasury securities and may invest in other Bitcoin-focused investment vehicles. 👉As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies. 👉Operating under a “manager of managers” structure, the ETF will be advised by Empowered Funds, LLC, which can appoint and replace sub-advisers without shareholder approval. 👉The fund’s shares will trade on the New York Stock Exchange and be held through the Depository Trust Company. Source: Vivek⚡️on X, Cryptobriefing
On-chain analytics reveal that retail investors (holding less than 1 BTC) own 9.5% of total bitcoin, while large investors control the remaining 90.5%.
Notably, retail ownership has grown significantly—from 6.8% in 2020 to a record high of 9.85% in December 2023. Quarterly reports from crypto exchange Coinbase provided data on transaction volume on its platform and broke down whether this volume came from institutions or consumers (retail). Although retail investor volume grew in 2024 compared with 2023, so did institutional volume — and at much higher levels. source : criptoquant
Could Bitcoin become one of the currencies used by BRICS+ as a mean of payment ?
This would probably incentivize many countries to create bitcoin reserve. Source: Reuters
Historical Bitcoin prices on Christmas Eve
2013 - $666 2014 - $323 2015 - $455 2016 - $899 2017 - $13,926 2018 - $4,079 2019 - $7,323 2020 - $23,736 2021 - $50,822 2022 - $16,822 2023 - $43,665 2024 - $98,400 Source: Bitcoin magazine
BREAKING: There is now a 77% chance of at least one Magnificent 7 company buying Bitcoin in 2025.
The odds of a Magnificent 7 company buying Bitcoin before 2026 have jumped from 49% to 77%, according to @Kalshi .This comes as Michael Saylor has called on Microsoft, $MSFT, and other technology giants to buy Bitcoin. Prediction markets see more Bitcoin adoption ahead. Source: The Kobeissi Letter
Today's bombshell >>>
In a jaw-dropping 3-minute video, BlackRock just challenged Bitcoin's most sacred promise. The world's largest asset manager suggests the unthinkable: "There's no guarantee that Bitcoin will maintain its 21 million coin limit." They’re right—there’s no guarantee. If everyone decides to change the supply cap, then it will be changed. But that’s highly unlikely. See some comments below on X
