The new spot bitcoin ETFs in the US have been the most successful ETF launches in history, and it’s not even close. (See screenshot)
IBIT raised the most money in a month (just shy of 4BB) of the over 5500 total etf launches over the last 30 years!
FBTC is actually number 2 in the list at 3.2 billion in the first month.
now think about this… NEVER in the history of ETFs did a bunch of ETFs launch at the exact same time that do the exact same thing. This has literally never happened before.
So considering that fact, it makes a lot of sense that these new bitcoin ETF flows should actually be added together. If you do that you’re talking about an excess of $9 billion raised in one month! No other ETF is even in the same galaxy as that number.
if you are a bitcoin doubter, and think it’s just hot air, are all of these institutional investors wrong and you are right? Do you really believe that?
I just don’t know how you see something like this happen and convince yourself it’s not a big deal.
IBIT raised the most money in a month (just shy of 4BB) of the over 5500 total etf launches over the last 30 years!
FBTC is actually number 2 in the list at 3.2 billion in the first month.
now think about this… NEVER in the history of ETFs did a bunch of ETFs launch at the exact same time that do the exact same thing. This has literally never happened before.
So considering that fact, it makes a lot of sense that these new bitcoin ETF flows should actually be added together. If you do that you’re talking about an excess of $9 billion raised in one month! No other ETF is even in the same galaxy as that number.
if you are a bitcoin doubter, and think it’s just hot air, are all of these institutional investors wrong and you are right? Do you really believe that?
I just don’t know how you see something like this happen and convince yourself it’s not a big deal.