Scorpi18 | Market Insights
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Insights and analysis of the global financial market by investment advisor Sergio Shalamov.

Note: This is not an investment advice.

Contact: @invoyager

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❤️☢️#ETF #BTC #crypto #opinion
Bloomberg Intelligence: Is #Bitcoin an Asset-Eating Pac Man? Rise to Mainstream May Tell - After the launch of U.S. futures-based Bitcoin ETFs, others should follow until ETFs tracking crypto indexes are widely disseminated. Ethereum futures-based ETFs appear to be just a matter of time
❤️🌎#ETF #crowd #flows #macro
Morningstar: ETF inflows top $1T for first time. Record share of funds goes to actively managed ETFs.
🌎#ETF #ETP #insruments
FT: the assets under management of leveraged and inverse ETFs more than doubled over the past two years to $180B. The assets of thematic ETFs have almost quintupled to $227bn.
🇺🇸#retailinvestors #regulation #us #etp #etf
Financial Industry Regulatory Authority (FINRA) wants to limit access of retail investors to ETP, ETF holding cryptocurrency futures, leveraged and inverse ETF and another ETP
❗️🇺🇸#instruments #leverage #market #us #regulation #etp #etf
BBG: SEC is ratcheting up its scrutiny of investment firms using leveraged and inverse ETF to hedge against market volatility.

The products “can pose risks even to sophisticated investors, and can potentially create system-wide risks by operating in unanticipated ways when markets experience volatility or stress conditions
✴️#GBTC #BTC #etf #crypto #Grayscale
CNBC: turning the Grayscale Bitcoin Trust into a NYSE-traded ETF would broaden access to bitcoin and enhance protections while unlocking up to $8 billion in value for investors
✴️ #GBTC #crypto #watchlist
Morgan keeps buying GBTC
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early: numerous bitcoin ETFs in Europe and Canada - are an easy way to invest in Bitcoin but not yet in the US, which is why Morgan used GBTC #etf
✴️ #GBTC #crypto #watchlist
Ned Davis Research: GBTC potentially doubling by midyear.

GBTC’s share price trades at a 47% discount to its underlying NEV

Grayscale (the fund’s corporate sponsor) wants to convert GBTC into an ETF, it’s the best way to close the discount #etf

SEC rejected Grayscale’s bid to convert GBTC into an ETF, prompting Grayscale to sue the agency. The trial is set to begin on March 7 #court

Grayscale plans to return up to 20% of GBTC‘s capital to shareholders if its legal strategy fails #buyback

Grayscale doesn’t have a redemption program in place = investors are screwed unless the SEC grants its proposal to convert to a Bitcoin spot ETF #redemption
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early: Morgan keeps buying GBTC
✴️🌎#BTC #etf #crypto
early: numerous bitcoin ETFs in Europe and Canada - are an easy way to invest in Bitcoin but not yet in the US
✴️🇺🇸#Grayscale #GBTC #crypto #court #etf
Grayscale CEO expects a possible ruling by Q3 2023 on his firm's lawsuit against SEC over converting its Bitcoin Trust into an ETF
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early: US court questions SEC's rejection of Grayscale's bitcoin fund proposal

early: Grayscale (the fund’s corporate sponsor) wants to convert GBTC into an ETF, it’s the best way to close the discount

#watchlist GBTC’s share price trades at a 47% discount to its underlying NEV
✴️#etf #BTC #crypto
it seems that the launch of Spot Bitcoin ETFs is already a done deal. The exchanges where they will be traded, their tickers, and service fees have already been determined.
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the approval of spot BTC-ETFs will trigger a new bullish trend in the market — Bernstein
✴️#etf #BTC #crypto #calendar
the final approval deadlines for Spot Bitcoin ETFs are set for the end of May 2024, but it seems like it could happen from day to day.
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🌕#etf #gold #history
the first gold ETF was launched in November 2004, when the price of gold was $700
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#BTC based on the history of gold ETP launches, Standard Chartered sees significant potential for the price of bitcoin to rise following the approval of spot Bitcoin ETFs.
✴️#BTC #etf
SEC has indeed approved a spot Bitcoin ETF.
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Arthur Hayes anticipates a Bitcoin correction of 20-30% from any level it attains by early March #opinion
✴️#IBIT #etf #crypto
spot Bitcoin ETF from BlackRock (#IBIT) = +23% on pre-market
✴️#ETH #etf
the market believes that the next approval will be for a spot ETF on Ethereum.
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in November 2023, BlackRock officially filed an application for a spot Ethereum ETF.

earlier it was reported that SEC had deferred action on the launch of 2 spot Ethereum ETFs until May 2024.

SEC has implicitly recognized Ethereum as a commodity. This move sets the stage for the launch of a spot Ethereum ETF in 2024 — Bloomberg
✴️🌕#BTC #gold #etf #crypto #analogy
another analogy:

Gold ETF (2004) vs. Bitcoin ETF (present days)

gold has surged more than 6X since the launch of its initial ETF, while Bitcoin is projected to reach $500,000 by the end of 2025.
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earlier: based on the history of gold ETP launches, Standard Chartered sees significant potential for the price of bitcoin
Forwarded from Scorpi18 | Investment Adviser
🪙#silver #macro #history
silver mining stocks/gold mining stocks ratio = historical low

#etf #opinion If the price of silver rises above $30 (chart), we could see a substantial increase in the Global X Silver Miners ETF (#SIL), which is focused on silver miners. At its peak in 2011, when silver traded around $50, the #SIL was at $94. With the current price around $34, there is significant potential for bullish movement, provided that silver continues its upward trend.
✴️#ETH #crypto #etf
Standard Chartered expects Ether ETF approval this week, reiterates year-end target of $8,000.

QCP Capital: Ether could rise to $5000 if a spot ETH-ETF is approved.

Bernstein: the approval of a spot Ethereum ETF will drive a 75% surge to $6,600

SEC is close to allowing Ether ETFs — Barron's
✴️#ETH #crypto #etf
Ethereum ETF has been approved in the US.

SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
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Standard Chartered expects Ether ETF approval this week, reiterates year-end target of $8,000.

QCP Capital: Ether could rise to $5000 if a spot ETH-ETF is approved.

Bernstein: the approval of a spot Ethereum ETF will drive a 75% surge to $6,600