GBTCUSD
GBTC / United States dollar
crypto

7/16 Bitcoin ETF Total Net Flow: $799.50 million
$IBIT (BlackRock): $763.99 million
$FBTC (Fidelity): $10.41 million
$BITB (Bitwise): $0.00 million
$ARKB (Ark Invest): $19.82 million
$BTCO (Invesco): $0.00 million
$EZBC (Franklin): $0.00 million
$BRRR (Valkyrie): $0.00 million
$HODL (VanEck): $0.00 million
$BTCW (WisdomTree): $0.00 million
$GBTC (Grayscale): $0.00 million
$BTC (Grayscale Mini): $5.28 million
https://x.com/thepfund/status/1945666193802826013

I went top heavy into XRP. Got too many people in my ear about it to ignore. Idk what’ll happen in the end but I’m willing to gamble. And I bought some LTC ETC ADA and TRX.
For ETF’s (and I know there’s some overlap), I’m in SPY QQQ VOT AAAU SLV ITA XLI SCHD VBR VOE and I’m going to start buying GBTC as part of the rotation. And then the only stock I buy is BRK/B. It’s kind of like an ETF

I'm not too certain people will be more inclined to buy it at 1million. I think there's a bit of psychological factors at play when you're buying a fraction of something at that price. If there's was a price split like companies do with stocks, then sure.. Most people find it hard to look past the price cause if they're not buying into it at 100k, they're likely not buying it at 1mill.
Of course there are other factors aside from the sticker price. Like, oh, its too high! Will it crash more? etc. Most people simply don't have the time/care/interest to look into Bitcoin. I think the most important factors (aside from the price going up) are ease of use, security, and accountability. I agree with you institutional adoption will make it much less scary for most people, but then they'll likely want a buffer for safety and accountability and want to go through a medium like IBIT or GBTC or something of that extent. cause frankly, holding a large sum of money yourself can be a daunting task for most people. But of course, there needs to be tools/products that can help facilitate what keep most people from buying.
TLDR: maybe

7/16 Bitcoin ETF Total Net Flow: $799.50 million
$IBIT (BlackRock): $763.99 million
$FBTC (Fidelity): $10.41 million
$BITB (Bitwise): $0.00 million
$ARKB (Ark Invest): $19.82 million
$BTCO (Invesco): $0.00 million
$EZBC (Franklin): $0.00 million
$BRRR (Valkyrie): $0.00 million
$HODL (VanEck): $0.00 million
$BTCW (WisdomTree): $0.00 million
$GBTC (Grayscale): $0.00 million
$BTC (Grayscale Mini): $5.28 million
https://x.com/thepfund/status/1945666193802826013

I went top heavy into XRP. Got too many people in my ear about it to ignore. Idk what’ll happen in the end but I’m willing to gamble. And I bought some LTC ETC ADA and TRX.
For ETF’s (and I know there’s some overlap), I’m in SPY QQQ VOT AAAU SLV ITA XLI SCHD VBR VOE and I’m going to start buying GBTC as part of the rotation. And then the only stock I buy is BRK/B. It’s kind of like an ETF

I'm not too certain people will be more inclined to buy it at 1million. I think there's a bit of psychological factors at play when you're buying a fraction of something at that price. If there's was a price split like companies do with stocks, then sure.. Most people find it hard to look past the price cause if they're not buying into it at 100k, they're likely not buying it at 1mill.
Of course there are other factors aside from the sticker price. Like, oh, its too high! Will it crash more? etc. Most people simply don't have the time/care/interest to look into Bitcoin. I think the most important factors (aside from the price going up) are ease of use, security, and accountability. I agree with you institutional adoption will make it much less scary for most people, but then they'll likely want a buffer for safety and accountability and want to go through a medium like IBIT or GBTC or something of that extent. cause frankly, holding a large sum of money yourself can be a daunting task for most people. But of course, there needs to be tools/products that can help facilitate what keep most people from buying.
TLDR: maybe

You can 100% buy FBTC through the Fidelity BrokerageLink option. You have to acknowledge about 6 different warnings about volatility and risk but once you do, you can buy whatever you want basically. You could even buy GBTC years before the ETF was approved.

7/15 Bitcoin ETF Total Net Flow: $404.85 million
$IBIT (BlackRock): $418.20 million
$FBTC (Fidelity): -$22.93 million
$BITB (Bitwise): $12.70 million
$ARKB (Ark Invest): -$6.21 million
$BTCO (Invesco): $0.00 million
$EZBC (Franklin): $6.76 million
$BRRR (Valkyrie): $0.00 million
$HODL (VanEck): $18.99 million
$BTCW (WisdomTree): $0.00 million
$GBTC (Grayscale): -$41.22 million
$BTC (Grayscale Mini): $18.56 million
https://x.com/thepfund/status/1945301130621411393

First I set limit orders
Second, I front ran the ETF approval by buying GBTC at a huge discount with my entire 401k well before the ETFs were approved.