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0 sats \ 1 reply \ @grayruby 24 Feb \ on: RIA Carson Group approves 4 Spot ETFs bitcoin
Most people aren't considering the fact that most investment advisors aren't even onboarded yet. 30B is a drop in the bucket though.
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50 sats \ 0 replies \ @stacksatstoday OP 24 Feb
Don't just think 30B is a drop in the bucket. You have to see the big picture. The amount of pension funds, family offices, etc add up. This is just one group that manages 30B. Schwab is coming within the next year as well. That's gonna add another 8.5T. Just need 1% of that 8.5T which is realistic to have clients get exposure to BTC.
That's correct it takes 30-90 days. Gonna be a huge supply crunch coming especially with the halving coming when you will see the sales force out selling these ETFs to clients.
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