IBIT ETF

I'm comparing Bitcoin ETFs, starting with ARK 21Shares Bitcoin ETF, against the iShares Bitcoin Trust ETF, the largest and most liquid option. ARKB offers one of the lowest expense ratios at 0.21%, making it cost-effective for investors. However, it has a higher bid/ask spread (0.05% vs. IBIT's 0.02%). While both ETFs saw significant inflows during the Bitcoin bull run, IBIT's AUM growth outpaced ARKB, in my view due to BlackRock's strong Bitcoin advocacy and market dominance.

The launch of options on IBIT on 19 November 2024 marks Bitcoin's solidification as a legitimate asset class. A gamma vanna squeeze, a highly reflexive process induced by options and dynamic hedging, could materialize over an absolutely scarce asset. The growing adoption of BTC as a treasury asset is another catalyst which will at the very least set a price floor. It is likely to trigger a supply shock.

Could This Exchange-Traded Fund (ETF) Be a Millionaire Maker?

Is iShares Bitcoin Trust ETF a Millionaire Maker?

Trump's victory in the US presidential election has pushed the price of Bitcoin higher on the back of a more pro-Bitcoin environment. Trump's administration is likely to support cryptocurrencies, enhancing Bitcoin adoption and providing regulatory clarity, making IBIT a strong buy. Bitcoin's price surge post-election reflects market anticipation of Trump's crypto-friendly policies, including a national Bitcoin reserve and reduced regulatory pressure.

With most of 2024 in the rearview mirror, the ETF landscape looks set to mark another big year. Should ETF flows continue their strong pace, they could not only hit a new record, but also surpass $1 trillion for the year.

What caused Bitcoin-related stocks to soar in October? Here's an overview of what moved the Bitcoin-based markets last month.

These might be the only ETFs you'll ever need.

Bitcoin's disappointing 'Uptober' could still turn around with positive technical signals, cycle indicators, and ETF flow data suggesting potential for a year-end rally. Despite an 8% decline since September, BTC shows bullish signs, with higher lows and market sentiment indicators not reflecting the price movement. Global liquidity growth and HODLer balance trends hint at a potential BTC price surge, though retail FOMO is currently lacking.