ARKUSDT
Ark / Tether USD
crypto Composite

Holding through this drawdown has been getting on my nerves for some time now.. So I kinda decided to do an exercise of a sort: look at the actual numbers, and if the bear case held up, sell and move on..
Price makes the case look easy.. Down 50%+ from ATH, around $1,900, but then I started going through what's actually happening on the network and the case fell apart really fast.
ETF flows already flipped, July was the strongest month in ages at around $365M net inflows, August 5th alone did $60M+, mostly BlackRock. The staking ETFs also pay yield to holders, which Bitcoin products can't do at all. Whether you're running native validators or using platforms like Nexo/ Coinbase to lock in higher yields, generating cash flow changes the holding math entirely. Staking is at about 34% of total supply (a record) and validator exit queues are at zero. Exchange balances keep dropping while whales pull eight-figure amounts into cold storage. Bitmine alone holds \~5.4M ETH, roughly 4.5% of circulating supply.
The "institutions will never use it" argument is just dead at this point. $17B+ in tokenized real-world assets, more than all competitors combined. BlackRock's BUIDL fund is past $2.5B, JPMorgan runs tokenized money-market funds on mainnet, Credit Agricole launched a euro stablecoin on it. This is all live, in production and today.
The one bear argument that held up is value capture - L2s taking activity while mainnet fees compress, supply slightly inflationary again after Dencun. While this is true, it's also the entire bear case now. Everything else is contradicted by numbers anyone can check.
Furthermore, the analyst targets confirm the mispricing. Tom Lee calls for $9k-$12k by end of 2026 (and yeah, his firm holds 5.4M ETH, he is talking his book - but that is also billions in actual conviction). Standard Chartered is at $7,5k. Arthur Hayes says $10-20k this cycle. ARK's long-term model goes to six figures. Cut all of those in half and current pricing still doesn't add up.
So as you can guess by now - the exercise didn't just fail, it did the opposite of what I expected, I came out more convinced than I've been all year. Everything points the same direction: record adoption, record staking, shrinking liquid supply, institutions in production, it's just that the price hasn't caught up to any of it yet. That gap won't stay open forever, and when it closes, $1900 is going to look like a gift. So I ended up buying more…

I thought ARK buying 17M of NVDA was supposed to make it go up?

Cathie Wood bought 80,415 Nvidia shares worth about $17.6 million through multiple ARK Invest ETFs on August 5.

naja nicht jeder hat die gleichen Startchancen hm? Um an der Columbia studieren zu können muss man glaub schon ein paar Taler im Hintergrund haben.
Es wurde halt ein Narrativ konstruiert, wie bei ARK invest. Er hat stark auf Hebel gesetzt... so wie koreanische Anleger. Das ging eine Weile gut... bis es nicht mehr gut ging.