Reddit Posts
BlackRock’s IBIT Hits $2B Inflows, Google Greenlights ETF Ads
Coinbase is the custodian of nearly ALL Bitcoin ETFs. Coinbase insurance covers a loss of $320mm, while Coinbase already holds over 2 BILLION in Bitcoin. 💣
Spot bitcoin ETFs face headwinds with negative flows. BlackRock’s IBIT and Fidelity’s FBTC shine amidst challenges.
Introducing iBall from $IBIT | Progressive Blockchain Lottery With $USDT Prizes | $2 per ticket | iBiT BSC
Does GBTC and IBIT in Roth IRA count towards your total Bitcoin holdings?
Is it possible to see somewhere the amount of BTC that the ETF's hold?
Real-world timeline for a cash-out from GBTC to purchasing IBIT
Black Rock increased its Bitcoin holding to 25,067.06 BTC.
Interpreting Bitcoin ETF Trends: What Does It Mean for BTC's Price?
📊 Bitcoin ETF Update: Surges, Shifts, and What They Mean - A SmashFi Insight
BlackRock on pace to become largest bitcoin holder in the world. With nearly ~ 11,500 bitcoin in a bitcoin-focused offering (IShares Bitcoin Trust ETF: IBIT), the world’s largest asset manager has quickly accumulated $500 million of crypto. GLTA!!!
Net Inflows Recorded for Bitcoin Spot ETFs in First Two Trading Days
Concern over the mechanics of ETFs and potential impact on market
trading212 restricted from buyin $IBIT. Help a UK stacker
Amid a red day, here is some positive data after day 1 trading of BTC ETFs
iShares Bitcoin Trust (IBIT) | Spot Bitcoin ETF | BlackRock.
Bitcoin ETFs with expense ratios and AUM.
New Numbers from IBIT (Blackrock Bitcoin ETF are Here) they have now 2,620 BTC not 227 anymore
Bitcoin ETF Records $4.6 Billion in Trading Volume on First Day but Bitcoin Price Stays Static at $46,000. Here's Why.
Why didn't the price move today? Answers inside.
Blackrock does not seem to be insuring its BTC ETF against possible hacking and loss
Blackrock does not seem to be insuring its BTC ETF against possible hacking and loss
The Timing of the SEC Twitter Getting Hacked Unfortunately Hurt Retail Investors
Whats the benefit of holding a BTC spot ETF vs a Futures ETF?
Can one BTC ETF outperform another or no since they are all benchmarked against BTC?
BlackRock's Bitcoin ETF (NASDAQ ticker: IBIT) is already trading up +23.35% pre-market. I believe BTC will trade between $50,000 to $57,000 over the next 24 hours!!! FOMO!!! GLTA!!!
Media Predicting Bitcoin ETF Flows of $4BN and $IBIT ETF Premarket is already up 25% ! Dont Fade
Unveiling the Future: Blackrocks ETF $IBIT Emerges as a Pioneer in Cryptocurrency Investment
All 11 bitcoin ETF tickers, for tomorrow. GLTA!!!
Are you guys buying bitcoin ETFs?
BlackRock’s Bitcoin ETF (IBIT) Clears Final SEC Hurdle
Just Launched on BSC $IBIT | ETF META is here | Moonshot Potential | 7k MC
$IBIT Launching This Week On BNB | Blackrock ETF Ticker Starting A New Meta | 100x Moonshot Potential
What will be the best bitcoin ETF if all of the approvals go through?
BlackRock's Bitcoin ETF Gets Ticker IBIT, Amends Application
Mentions
BITB is not IBIT Fake news ...try again....
bruh, it’s BITB not IBIT for him
I view bitcoin as a concrete part of the future financial ecosystem, and crypto /Ai in general. I’m 50% crypto industry stocks (AI exposure ) and 50% IBIT. I’m willing to bet it will all 3x or 5x in the next 10 years if not more.
I know how ETFs work and BlackRock Inc. reported buying IBIT shares, allegedly for their own income fund. Definitely not for clients.
> Why should they buy their own product to sell to retail investors? They don't buy their own product... they manage the ETF and sell shares to investors. Whenever you buy a share of IBIT, they increase their bitcoin holdings by however much you purchased. The moment you sell your shares, they sell bitcoin. That's how all bitcoin ETFs work.
What you're saying is absurd. By your logic, we should expect Disney and IBIT to follow similar, completely random price action relative to Bitcoin. Let's watch and find out. I can't wait to see what happens!
This is absolutely right, there are existential risks to IBIT over self-custody. But that's very different from saying that IBIT isn't owning Bitcoin at all. I understand the slogan, but suggesting that IBIT is merely a "vehicle that generally tracks bitcoin" is not correct. Suggesting that if the economy collapses and Bitcoin does well you'll own nothing is not correct. It's FUD. Self-custody has government seizure risk as well, for anyone who isn't prepared to fight their government when the gov says, hey, we see you moved that bitcoin from Coinbase into this account with XXX public key. Send it to us or you're going to jail. So it's not as clear as y'all make it sound.
For me it's IBIT / FBTC. Self-custody is the end goal, but be sure to consider the risks. Think about password durability (fire, you're death), and $5 wrench attack at least. You might be able to overcome these with, for example, multisig + protocol for loved ones releasing their keys to you. Think time locks / wellness checks required first. This comes with a tradeoff in liquidity of course... I'm sure you'll figure it out. Good luck! Congats on the stack.
You own the Bitcoin under US law. You are paying management fees to a 3rd party (Fidelity) to custody your assets. You're taking the risk that they will steal it, or that it will be stolen from them, either by hackers, or by the government. Are these risks high? Depends who you ask. How does this compare with the risk of self-custody? Depends who you ask. #dyor fwiw, I trust IBIT over my own self-custody abilities. As with all things, you take a chance either way.
Uhhhh... what? Per Coinbase: > BlackRock's iShares Bitcoin Trust (IBIT) is a spot bitcoin ETF that was approved by the U.S. Securities and Exchange Commission (SEC) on January 11, 2024.
Are you planning on doing self-custody? Why did you wait all that time to move money when you could've just bought IBIT on whatever exchange you use.
No, BlackRock Inc. (a company of the BlackRock group) doesn't sell ETFs and they are buying IBIT shares, same as the other clients of BlackRock.
tldr; BlackRock's iShares Bitcoin ETF suite has become the firm's most profitable product line, driven by the launch of its US spot Bitcoin ETF (IBIT) in January 2024 and subsequent global expansions, including Australia and Brazil. IBIT quickly amassed $70 billion in assets and generated $245 million in annual fees by October 2024. With allocations nearing $100 billion, BlackRock now holds over 3% of all Bitcoin in circulation. The ETFs are popular for their accessibility, liquidity, and use as portfolio diversifiers despite Bitcoin's volatility. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; JPMorgan, despite its historical disapproval of the crypto industry, has launched a Bitcoin-backed investment tied to BlackRock’s iShares Bitcoin Trust (IBIT). The structured note offers returns based on Bitcoin's price performance, aligning with its four-year halving cycle. This move reflects JPMorgan's strategy to retain capital amidst growing institutional interest in digital assets, while also introducing deposit tokens and criticizing crypto treasury companies. The bank's actions highlight its adaptation to the shifting financial landscape. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Thank god I can finally buy IBIT in my vanguard account
The absolute garbage that gets spewed here is crazy sometimes. The "ETF makers" aren't selling the Bitcoin (yes, real Bitcoin, not whatever a "fake bitcoin" is) under their custodianship. Clients can purchase or sell shares of an etf such as IBIT, and depending on how many shares they purchase/sell, that is how much Bitcoin the ETF will purchase at-spot to hold for you. Right now it's about 1755 shares of IBIT for the equivalent of 1 BTC. I don't know what "all shares are distributed" is even supposed to mean, in the context that the more shares Clients own, the more BTC that the ETF will hold in custody.
BlackRock quietly rules the world. I go with IBIT.
Imagine if everyone could get out of paying taxes by gifting all their homes and stocks to 90+ year old friends. As intriguing as this sounds I have doubts that this works in practice. Why isn't Elon gifting his Tesla shares to Buffet, just to get them back when Warren dies? ..and 30 seconds of googling says that gifts "retain the original owner’s cost basis, known as the carryover basis." And 401Ks and IRAs are exempt so you can't do it bit IBIT shares either. If you want to avoid paying tax on full taxable gain you need to hold your btc and get it inherited by your actual heirs after.. you know.. die.
It's a huge deal. Vanguard is bigger than BlackRock because it controls the deepest pool of passive retirement capital: #1 in us retirement savings (IRAs,401ks), #1 in index mutual funds, etc. Also, $1B in IBIT volume in the first 30mins is insane. Even the most conservative investors wanted BTC lol
Yes, you would need to look up the quarterly 13F filings, which is a bit complicated IMO. However, I like this site here: https://13f.timechainindex.com/?ticker=ibit&period=2025Q3 It shows that for example BlackRock Inc. Increased their holdings in the IBIT ETF from roughly $500 million to $650 million during Q3 2025. Q3 figures are still processed but it looks like all Wall Street banks increased their exposure significantly. The caveat here is that 13Fs do not state if the institution is holding for themselves or for clients. However, BlackRock wouldn't need to buy their own product to sell it.
Maybe not a flood, but most of my IRA money is at Vanguard. It was beyond infuriating to me that I couldn’t allocate a % to something like BTCI or IBIT. So I’m personally very happy with this news and will be moving some money accordingly.
I’m fairly new to bitcoin too, I’ve been allocating between Fidelity crypto, FBTC, and self custody. Most of my money is in Fidelity crypto, they’re currently allowing some customers to transfer crypto to self custody and I think they will allow everyone to in the future. FBTC is also a good option since they self custody their own bitcoin compared to IBIT. Most of my FBTC is in my Roth IRA but Fidelity also offers a crypto Roth IRA account.
1. MCSI threatens to delist MSTR for having more than 3% digital assets 2. JP Morgan debanks Jack Mallers 3. Jaime Dimon working on a high fee derivative product that tracks Blackrock’s IBIT ETF instead of Bitcoin itself. Wall Street’s gambit is to control the rails and extract fees from an asset that otherwise they can’t touch. Be careful who you call “friend”.
I say both. But IBIT is number one RN!
Oh right lol. Looks like +$58M total inflows, with the biggest changes being IBIT +$120M inflows and ARKB at -$91M. ETF's still dragging their feet a bit about being convinced of a reversal before hopping back in with the sort of volume Outflows saw in November. Though that still makes 5 consecutive days of positive ETF inflows, and 6 out of the last 7.
Starting Jan. 5, the firm's CIO-covered bitcoin ETFs will include the Bitwise Bitcoin ETF ([BITB](https://finance.yahoo.com/quote/BITB)), Fidelity's Wise Origin Bitcoin Fund ([FBTC](https://finance.yahoo.com/quote/FBTC)), Grayscale's Bitcoin Mini Trust ([BTC](https://finance.yahoo.com/quote/BTC/)), and BlackRock's iShares Bitcoin Trust ([IBIT](https://finance.yahoo.com/quote/IBIT)).
I attempted to buy IBIT and another bitcoin ETF on Merrill Lynch finally that the Bitcoin price dipped to my target of \~80K. It won't let me. The tickers are all restricted.
Blackrock's only bitcoin holdings that I know about are through IBIT. Which means Blackrock doesn't "own" anything. They simply custody bitcoin for their IBIT fund investors, and the moment those investors sell shares, they also sell bitcoin.
Yeah get that. Thanks. Im in, scored yesterday when was a crash and continued this morning. Ive roughly 0.1 btc etf. Mostly FBTC and some IBIT.
BlackRock Inc. bought IBIT massively in Q3, JPM holds roughly $300m for themselves. They are both selling ETFs and buying for themselves. But good for them if others are selling, as Bitcoin is a zero-sum game supply-wise. You can only buy what others are selling, therefore spread as much FUD as possible.
I have 3 BTC worth of IBIT I bought at $117k, all I’m feeling is quite broke at the moment but I know it’ll come back lol
I’m too old for the shitcoin casino, and if you’re buying IBIT/ETHE etc it’s still not your keys, so hate while you may but I’ve been pretty much going all in on Coinbase stock as I dump my shitcoins and only cold store BTC/ETHE etc
Does the community feel the same if said hodler had 1 coin, but in IBIT equivalent?
Yeah, reminds me of when Blackrock's IBIT ETF started trading on January 11th 2024. Bitcoin's price went down a little for a couple weeks while everyone yelled "PrIcEd In!"... and then by March 9th it was up +60% and set a new all time high. This is surely just noise too though.
IBIT just started trading on vanguard today
Hey thank you for your comment You can always roll the options and never get assigned on your shares I do it ever since IBIT was launched and even when BTC price drops im still in the green If you have further questions please let me know
Not particularly. Big catalysts are on the way. Vanguard is finally listing IBIT. States and small nations are dipping toes in. Feet will likely follow. The number of companies publicly employing Bitcoin reserves as capital protection against runaway inflation must have doubled in 2025. This trend is likely to gain some traction as management is passed to the digital generation that’s growing up with parents adopting small Bitcoin holdings.
I’ll be checking Merrill Lynch tomorrow to see if they are quietly following Vanguard’s lead. I’ll be buying some IBIT tomorrow if so…
Do u mind if i ask a help/guidance ? How do u do on fidelity? Crypto account vs IBIT or FBTC ? (Im new but just started)
And Vanguard, for the first time ever, will allow trading of IBIT tomorrow
IBIT had $4.3 billion in volume and only $72m net outflow, lot of buyers in there
I mean, is Blackrock's IBIT sitting on a dedicated $1.44B cash reserve right now?
I have a stack of real bitcoin that I have locked away forever. I also have a stack of paper IBIT bitcoin that I earn income from by selling calls. If those shares get called away (forced sell), I don't care and I start the process over by selling puts on IBIT until/unless I get put the IBIT stock again. Rinse, repeat. The difference is, my real bitcoin is not to be fucked with. My fake bitcoin earns me income each month and I treat it like any other stock.
yeah I'm already realizing that my 5th rule wasn't defined very well. Been buying IBIT with margin and realized that I cannot handle leveraged movements lol Going to pay that off stat, but will be continuing to buy the recent pullback, just not with full spectrum tools
In the not so distant future I believe we will have in-kind conversion from BTC to IBIT and back, for all BTC/IBIT holders I think in-kind is already available to very large IBIT holders. They can convert IBIT shares to BTC directly. which is very important for taxes. And BTC to IBIT as well of course
That was too much for me, so I had chatGPT summarize it: # Core Idea * Wall Street mocked bitcoin for years, now wants to control it. # MSCI Move * New rule: ban companies with ≥50% crypto (hits MicroStrategy). * Could force **billions** in automatic selling. * Goal: reduce low-fee, direct bitcoin access. # JPMorgan Move * Launching bitcoin structured notes. * You start **5–7.5% down** from fees. * Your upside is **capped**, bank keeps the rest. * They want you buying *their* bitcoin products, not free/cheap ones. # Big Picture * Wall Street wants monopoly over bitcoin exposure. * They pressure companies like MicroStrategy, then sell their own fee-heavy alternatives. * Best defense: use BTC ETFs (like IBIT) or self-custody.
I dunno he says MS is different than IBIT because it "allows exposure to Bitcoin with no middlemen and no fees" but in this case MS is literally the middleman... I don't understand the distinction
This is 10% legitimate concern wrapped in 90% conspiracy theater. MSCI isn't "banning bitcoin" they're debating whether companies that are essentially leveraged bitcoin proxies belong in broad market indexes designed to represent diversified equities. And MSTR isn't a diversified operating company anymore, it's a $50B leveraged bitcoin fund. Wall Street isn't trying to "control" bitcoin, they're trying to profit from it, which is what they do with every asset class. Just buy IBIT or self-custody bitcoin and ignore the drama.
Yeah, the long term case for BTC is a totally separate topic lol. I agree, I'm also long term bullish but that doesn't mean I'm going to invest 100% of my liquid net worth into btc. Clearly btc is on a rocky road right now and who knows what happens in the short term if MSTR collapses and investors start to panic sell BTC equivalents like IBIT. Also, who knows what happens in the short term if AI spending starts to unwind and the stock market retreats.
We are on the same wavelength...we are going to be successful :-) I almost bought a home recently, and then I thought to myself....this increases my expenses while i live in it, on top of being frozen capital where I have to sell the roof over my head in order to cash in. HELOC is too much paperwork compared to margin spending... I would buy if I found a deal or if I absolutely needed more space. With IBIT, I can always borrow 10% of it safely as a flexible line of credit via margin spending. Life is good, and the beer is cold when the landscaper mows my yard.
IBIT does count as your total stacking ! If you want to learn how to make consistent income using IBIT you can read my book - Bitcoin Your Everlasting Income Machine
IMO it's part of your stack. You're far more likely to lose Bitcoin you have the keys to than you are your IBIT shares.
And BTC isn't? Free BTC has ended on November 19, 2024 with introduction of IBIT options - no 15% month since then during the greatest bull market in human history. If BTC was that great, OGs would be selling billions now significantly lower than 100k. They're running away because they know there's no such thing as free BTC anymore. On an absolute and risk-adjusted basis, BTC has been the worst performing asset since that day, when it died as investable asset.
ETFs and fractional share ownership such as IBIT etc
Why would someone buy MSTR when you can buy IBIT?
false, I own IBIT and BTCI in my Roth IRA
I’m all for spreading this wealth away from Blackrock’s IBIT.
They are both reputable and have the same expense ratios. Probably fine either way. But Blackrock custodies with Coinbase while Fidelity built Fidelity Digital Assets to custody it themselves. I like how they took the time to do that. I do 50/50 FBTC and IBIT in case one custodian fails. But if I had to choose one, itd be FBTC. Plus, out all my Bitcoin investing, spot etfs are only 25% and real Bitcoin in cold storage is the rest.
I got into IBIT at 24 dollars it’s up 113%
Meh if you are going to keep your value in a CEX, better put it in a bank in some instrument. Even IBIT or ETHA if you want to be exposed to crypto volatility. At least that way you have the backing if your government system. I dont trust my government, its banking system, nor I trust some random website that says its safe (really really , pinky promise, look at all our PNGs with fancy logos) and that when its DNSs registry suddenly points to 0.0.0.0 i won't be able to do shit.
tldr; BlackRock, the world's largest investment firm, offloaded over $100 million worth of Bitcoin through its iShares Bitcoin ETF (IBIT) in a week, with net outflows totaling $113.7 million between November 21 and November 28, 2025. Despite some inflows during the week, the overall negative movement could pressure Bitcoin's price, which is struggling to maintain the $90,000 support level. However, on-chain data suggests potential for long-term gains as Bitcoin approaches a 'low-risk' zone based on its Sharpe Ratio, indicating possible opportunities for dip buyers. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; BlackRock's iShares Bitcoin Trust (IBIT) experienced $114 million in net outflows amid ongoing crypto market volatility, reflecting reduced institutional appetite for Bitcoin exposure. This trend aligns with broader investor strategies to decrease digital asset holdings during uncertain market conditions. Despite these outflows, other US-listed spot Bitcoin ETFs, including those by Fidelity, ARK Invest, and Grayscale, saw inflows totaling $71 million, indicating mixed investor sentiment. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Not always. Coinbase is the custodian for Blackrock’s IBIT.
In a couple weeks JPM puts dor sale a structured note that opens a massive market up from pensions or fixed income investors. Czech central bank just became the first central bank to buy bitcoin. Texas just bought their first 10 million dollars. Bitcoin for America Act is being presented to allow people to pay taxes with bitcoin. ISE just filed a formal request with the SEC today increase the maximum number of options contracts on IBIT from 250,000 to 1,000,000 What the hell are you even talking about?
Appreciate your game plan, but we should note a few important things here. First, you've tied your strategy to a very specific price prediction ($150k-$200k) and timeframe (5-6 years). While Bitcoin has historically performed well after halvings, past performance doesn't guarantee future results. The market has matured significantly since previous cycles. Second, your entry point assumption of "buying during bear market at $50k" might be optimistic if you're referring to the current market. We've already rebounded significantly from the $16k lows of 2022. The $50k range may not represent "bear market" prices anymore. For the IBIT strategy, remember that
If you know what you are doing buy IBIT and sell options against it. You can also sell puts to enter a position. If you never traded short options, just buy BTC, cold wallet and chill.
I also use IBIT for many reasons already stated .plus, I'm not bothered by the extra fees found within bc it's simple and easy to use and I don't expect that for free...but others may offer their complaints about the fees w/o considering their extra work, ect to own their wallets. ..just my thoughts. 😎
I switched to IBIT because of the flexibility it offers in selling covered calls
I buy both. Switched to IBIT cause I can use it to secure a home loan. Bank wouldn’t put raw bitcoin on my asset column. It also increased my margin spending ratio so I can buy the dip even if it’s before payday
tldr; Nasdaq's International Securities Exchange proposed raising the position limit on BlackRock’s iShares Bitcoin Trust (IBIT) options from 250,000 to one million contracts, marking a significant step in Bitcoin's integration into traditional financial systems. This move allows Bitcoin exposure to be managed under Wall Street's risk frameworks, enabling deeper liquidity and financial engineering. However, it introduces operational challenges and risks, such as increased volatility, while signaling Bitcoin's maturity as a financial asset. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I do IBIT for bitcoin and VOO with 10% HYSA.
There's an argument that MSTR is ONLY a BTC treasury, so what point does it serve beyond something like IBIT? If they want a valuation above their BTC holdings they need to offer some purpose, like being a liquidity provider, or some crypto tech stack or something. Saylor seems totally uninterested in doing that though.
Who is adopting bitcoin? The bitcoin ETFs are the fastest growing ETFs of all time. For months 10% of ALL inflows across all ETFs of the entire US stock market was 1 single ETF…….IBIT. The largest asset manager in the entire world’s most profitable ETF? Their Bitcoin ETF. And you ask where’s the adoption? It’s staring you right in the face. It just doesn’t look like you thought it would.
Yes, because a random tweet with no sources said so. It makes total sense too that they would think BTC is going to go down when they announced their structured note that pays 1.5x leverage in IBIT today. Oh wait....
Texas bought $5M in IBIT ETF and plans to self custody another $5m for their strategic reserve. https://finance.yahoo.com/news/texas-buys-5m-bitcoin-etf-061248580.html
You lost me at the word halving, which has no significant fundamental impact (only a minuscule one) on the Bitcoin price. And IBIT price for Bitcoin at 150k is about 85.
JPM announced a pretty big IBIT note aimed at institutions
If you can buy BTC what the fuck would you be paper trading BTC through a fucking middleman for? Masochistic and eager to pay fees and never own any actual BTC is a fools errand. Fuck IBIT with 1000 dicks.
I believe your investment thesis is flawed, mainly due to the regime shift in the Bitcoin markets. Now that institutions and traders can utilize options, futures, and can short Bitcoin (especially via IBIT) it will prevent the extreme volatility swings. Reaching 50k is highly unlikely, in fact I think reaching 70k is also very unlikely without a large FTX-style collapsing event, such as Strategy being forced to sell half their Bitcoins. I think a better approach would be to DCA when the Fear/Greed Index drops below 20.
tldr; Texas has invested $5 million in Bitcoin through the BlackRock iShares Bitcoin Trust (IBIT), marking the first state-level public fund allocation to Bitcoin. This purchase, made on November 20, 2025, is part of a $10 million Strategic Bitcoin Reserve authorized by Senate Bill 21. The state plans to transition from ETF shares to direct custody of Bitcoin once custody systems are established. This move is seen as a hedge and diversification strategy, potentially influencing other states to consider similar investments. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The question is will retail swap to SPY which pays a dividend from income generated by business and swap out of IBIT.
You know you can buy IBIT without being an advisory client of BlackRock, right?
Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/community/p/25991/ Texas has become the first US state to publicly invest in Bitcoin, purchasing $5 million worth of shares in BlackRock’s IBIT ETF on Nov. 20. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
**Summary:** The state of Texas has made a historic move by becoming the first U.S. state to purchase Bitcoin for its treasury, establishing a Strategic Bitcoin Reserve following recent legislative approval. The state acquired $10 million worth of Bitcoin on November 20 through BlackRock's IBIT spot Bitcoin ETF at an approximate price of $87,000 per coin. This method was chosen to ensure regulatory compliance and ease of access while Texas finalizes its own custody framework. The state's long-term intention is to eventually self-custody the Bitcoin, shifting to direct control of its holdings. This pioneering action positions Texas as a leader among U.S. states in digital asset adoption and signals a potential shift in how public entities approach cryptocurrency treasury management.
Hmm why IBIT has outlets while FBTC has inflows
> I had an extra $32000 of cash on the side. Sold a cash secured put for IBIT for the 40 strike expiring on September 2026. > Collected $3500 in premium and went out and bought a mirrorless camera lmao What a load of nonsense. Gambling, and frittering away the proceeds. Forget ETFs, puts, and cameras. Just stack sats and hodl.
tldr; BlackRock's spot Bitcoin ETF, IBIT, has experienced net outflows despite Bitcoin's short-term recovery. Over two days, IBIT saw a net outflow of $66 million, indicating profit-taking by large holders as Bitcoin approached $88,000. This contrasts with inflows into other ETFs like Fidelity's FBTC. Analysts view BlackRock's flows as a sentiment indicator for institutional interest, suggesting caution despite Bitcoin's price rebound. The outflows may reflect institutional rebalancing rather than diminished confidence in Bitcoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Odds of it hitting above 125k this cycle is exceptionally low based on historical data from halving cycles. If I were betting (and I am with IBIT puts) I’d say 30k is far more likely than 150k in the next year… I’m targeting 40-50k though.
Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/community/p/25987/ Texas may have the first leg off the starting line in the race to put bitcoin on state balance sheets. The state reportedly executed its first allocation to its Texas Strategic Bitcoin Reserve, according to posts from the Texas Blockchain Council indicating a roughly $5 million purchase of BlackRock’s IBIT last week #Texas #IBIT #Bitcoin #BTC #Crypto #Cryptocurrency #SocialFi #Animalverse *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
XRP is awesome! Canary Day 1 beat 900+ ETFs for 2025. Even beat IBIT’s Day 1 inflow in January 11, 2024.
tldr; Texas has made history as the first U.S. state to purchase Bitcoin, initiating a $10 million government reserve program. The acquisition was executed through BlackRock’s iShares Bitcoin Trust (IBIT) at approximately $87,000 per Bitcoin. This move aligns with Texas's legislative efforts to establish a Strategic Bitcoin Reserve, aiming for long-term strategic asset management. The state plans to transition to self-custody of Bitcoin after completing necessary processes, setting a precedent for public institutions' adoption of digital assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Why don't you switch from MSTR to IBIT instead? No need to worry about what Saylor does or whether MSTR is part of index funds or not.
I'm bought Jan 2028 IBIT leaps.
IBIT and SPY have a correlation of 0.05.
I think it’s because Strategy (MSTR) is likely to be delisted from index funds Index funds are supposed to contain different companies. But they claim that MSTR is essentially not a company at this point, but rather a fund. For example IBIT is an ETF for buying bitcoin. It’s a fund, not a company, and IBIT isn’t included in index funds. Likewise, GLD is the same but for gold - also not in index funds. They’re claiming that MSTR is essentially like a bitcoin fund and not a company, since bitcoin is >50% of the company value.
Lol, im not struggling, im just answering your flawed logic. "if there is no speculators to buy from you." If no one buys anything price will go down. No one buy iphone 17? price will go down. Its just logic. You are right, buying a share of a company that grows, in 10 years you will still have that business after 10 years of growth (if its growing, if not you are fked) With Bitcoin or gold, it doesnt grow, it doesnt do anything. But like i said, a price of company shares have nothing to do with the company itself, you can have a random dead public business 1 trilion valuation if some stupid mega rich person want to buy it at that value. It has nothing to do with the company. Now you "imagine there is no speculators to buy from you." who is speculators? i speculate Nvidia will 10x from now, am i an investor or speculators? hedge fund want to buy nvidia because they think it can still 10x from now, are they an investor or speculator? now imagine no one, even the company itself can buy Nvdia, but a hedge fund that has a fk ton of shares want to liquidate at any price they can do. Do you think price will not go down? you are naive if you think so. Your logic is flawed, because you can differentiate speculators and investor that easily. If all people who bought bitcoin and gold a speculators, so Harvard endowment funds is just a speculator? look how much they hold IBIT.
You're not crazy. IBIT floor won't be the bottom of this bear market.
tldr; Spot Bitcoin ETFs experienced a significant $1.22 billion outflow last week, marking the fourth consecutive week of losses, totaling $4.34 billion. BlackRock's iShares Bitcoin Trust (IBIT) fund saw its second-highest weekly outflow of $1.09 billion. Meanwhile, Ethereum ETFs also faced outflows, while Solana and XRP ETFs saw notable inflows, reflecting investor diversification amid market volatility. Bitcoin's price dropped sharply but showed slight recovery, with market conditions remaining fragile. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Great!, now what’s the plan to roll it out eventually to cold storage wallet? Or live off of IBIT and stack Sats?? Black Rock wants it all, convert it when you can..