This week on Crypto Twitter: Bitcoin is so hot, even Elizabeth Warren wants in.
$50k Bitcoin and the timeline is pretty cool.
— Aubrey Strobel (@aubreystrobel) February 12, 2024
Bitcoin for $50K.
No MSM coverage.
There are no articles from the family.
The timeline is not complicated.
This is a good time to be alive.
— Mike Ippolito (@MikeIppolito_) February 12, 2024
Last bull run felt 50k bitcoin euphoria.
It seems prosperous now, this cycle will be wild.
— Crypto Tea (@CryptoTea_) February 16, 2024
The total NET flow for 10 Bitcoin ETFs (including GBTC) has doubled in the last 3 days to over $3b (for context it took $GLD almost 2yrs to reach this point) after half a billion yesterday. Nine alone is approaching $10 billion. Chart by @BitMEXResearch pic.twitter.com/jTht9wDqVf
— Eric Balchunas (@EricBalchunas) February 13, 2024
Bitcoin ETFs are taking 10x more Bitcoin out of the market than is being produced every day. If these earnings hold through the Halvening, then Bitcoin ETFs will take 20x more from the market than Daily Mint. I like where this is going.
— Cameron Winklevoss (@cameron) February 14, 2024
From Bitwise Connection Manager:
“Many advisors we support at banks and broker-dealers complain that they don't have access to a Bitcoin ETF yet. They want one.”
A grand opening is coming.
— Hunter Horsley (@HHorsley) February 16, 2024
U.S. banks, left behind in key bitcoin ETF roles, are pushing for SEC guidance on holding digital assets. A banking GP consortium has sent a letter to the SEC asking it to remove ETFs from the broader crypto umbrella. You want the action part. I don't blame them, it's not fair… pic.twitter.com/advPa94nK2
— Eric Balchunas (@EricBalchunas) February 15, 2024
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