BREAKING: CATHIE WOOD $ARKK SAYS $BTC BITCOIN IS 25% OF HER *PERSONAL* NET WORTH
She said this today for the first time on an interview with the Schwab Network
Exciting news! 21Shares has integrated
@Chainlink
Proof of Reserve (PoR) on Ethereum to increase the transparency of ARK 21Shares Bitcoin ETF’s (ARKB) reserves with
@ARKInvest
.
This integration of Chainlink's Proof of Reserve ensures investors have real-time visibility into the
ARKB starts the week off strong generating $64,988,600 in new assets on January 22, 2024, making it one of the top-ranking spot bitcoin ETFs of the day.
Thanks for trusting us and being here as we make bitcoin more accessible to American investors!
📷Learn more about $ARKB:
A ridiculously impressive number given that most institution **still** do not have access to these products and most advisors can’t actively advise their clients on the space. The ETFs are in early days. 👀
Was the
#bitcoinETF
launch a success or a bust?
With three full days of trading in the books, net inflows appear to be about 21,000 $BTC, or $894 million at the current price of $42,600. 🔗
Presented by
@Grayscale
— "Bitcoin investing begins here."
Seems like there is some confusion on the mechanics of how these Bitcoin ETFs work. Would anyone be interested in a space explaining how these products function and why you might see something like this on the holdings report? (Hint: it has nothing to do with timing the market)
Update on
@Blackrock
$IBIT holdings: Yesterday I reported that
@BlackRock
moved 50% of their ETF into cash. Well today they updated and they did indeed as I thought buy the dip. They are now back in 100% in Bitcoin. 👀
How did they know ? We have a new set of whale traders in
Today, ARKB generated $86,387,642.00 in NNA. AUM is $845,234,876. 🥳
Thanks for trusting us and being here as we make bitcoin more accessible to American investors.
📷Learn more about $ARKB:
📷View the $ARKB Prospectus:
If you have any interest in what the spot bitcoin approvals mean for the US market — both in terms of adoption and regulations — this podcast has an amazing group of very informed speakers 🤩
Panel:
@SenLummis
Sen., WY
@PerianneDC
CEO
@DigitalChamber
@EricBalchunas
Sr. ETF
What sets the bitcoin ETF launch apart from any other in history? This month's Bitcoin Brainstorm explores its unprecedented impact on the financial world, including what could lie ahead.
ARKB has achieved the market’s tightest spreads. 😮🤩
As of February 8, 2024, our five-day average of 0.0254%, highlighting our consistent performance and effective management.
This stems from robust trading volumes and the market’s confidence in our team. Our strategic
This is such an incredible milestone for the global team at
@21Shares
. We could not be more excited to be trusted with $4.25bn in assets by clients all over the world from Zurich to London to NYC to Sydney! 🤯
From our humble beginnings with the world’s first crypto HODL basket ETP, we’ve grown exponentially. Our success is a testament to the growing appetite among institutional investors for secure, transparent, and regulated access to the crypto market. We’re grateful for the trust
$ARKB has crossed $1B+ USD in bitcoin holdings! This isn't just a number – it's a testament to the growing trust and interest in digital assets.
Thank you to our community for being part of this journey, as we continue to redefine financial
horizons.
👉Learn more about ARKB:
Wow… crazy day for
@21Shares
and
@21shares_us
. Our EU product suite reached $3bn and our US spot product crossed $2bn for the first time.
So so so proud of our team and thankful for the clients who have loved our products since we launched 5 years ago.
$2B+ in bitcoin holdings! ARKB's journey in the digital asset space reaches a new milestone. Big thanks to our community for making it possible! $ARKB
👉 Learn more about ARKB:
👉 View ARKB Prospectus:
Been a lot of excitement around
@21Shares
products in the US today and we are thrilled with how excited our customers are. We are looking for new people to support our US business. Apply!
Wow. This was way beyond my short term expectation but is a fantastic validation of Bitcoin’s role as a reserve product and of the demand for bitcoin exposure in financial markets. Onwards!
#Bitcoin
Today, ARKB generated over $276M in Volume. AUM is $1.81B.
Thanks for trusting us and being here as we make bitcoin more accessible to American investors.
👉Learn more about $ARKB:
👉View the ARKB Prospectus:
Such a massive milestone for
@21Shares
in our first market. We launched in Europe 5 years ago bringing ETPs to institutional and retail investors. So incredibly proud of our team and grateful to the customers who have supported us.
Exciting news! We've hit 3 Billion in Assets Under Management (AUM) in Europe!
🌟 This milestone isn't just ours; it's a testament to our shared vision of expanding access to digital assets and empowering investors in the EU to succeed in the evolving digital asset landscape.
My understanding here is that this is just a securities registration. In order to list the ETF still needs a 19b-4 approval and they need an effective/approved/completed S-1 document. No 19b-4 yet. And S-1 is still preliminary (seen below). I'm still looking towards next week
JUST IN: Cboe approves the following Spot
#Bitcoin
ETFs for listing on its exchange, pending SEC approval:
• VanEck
• Fidelity
• Franklin
• ArkInvest
• Invesco Galaxy
Crypto has no idea what money looks like when you are playing with three extra zeros. It’s almost hard to conceive of. But that’s what real insti money looks like… literal trillions.
@BanklessHQ
We always overestimate what we can do short term and underestimate the long term.
#Bitcoin
(and crypto generally) is all about the long term shift in how the world conceives of and organizes financial markets and monetary policy.
We are hiring for a new role on our team. Know anyone who might be interested?
Looking for someone to join our US distribution team with a focus on bringing our clients thorough research, smart ideas and best in class service… and loving
#bitcoinETFs
wouldn’t hurt!
Loved doing this podcast yesterday and talking about the current state of
#Bitcoin
markets… TLDR financial innovation doesn’t happen on a two week timeline but there is lots to be optimistic about
The
@21Shares
team has been short listed for several awards today by
@ETFExpress
for Best Capital Markets Team, Best Research Provider, Best Cryptocurrency Index provider, Best Crypto Linked ETF Issuer, Best Bitcoin ETF Issuer 🤩
Please consider casting a vote for us:
Nasty beginning to the bitcoin selloff. Someone's probably going to try to make a stand here but as we said last night you can't have an asset double in value by hundreds of billions of dollars in anticipation of an ETF and then almost no one shows up
I may have mentioned how my brilliant mom introduced me to crypto in 2013… she is actually the reason
@21shares_us
exists today. She agreed to sit down with me and share her story for the first time 😊
#bitcoin
Exploring bitcoin for the first time?
Getting started can feel tough. In 2013, Lavinia, mom of 21Shares co-founder
@OpheliabSnyder
, was coming out of the financial crisis and taking over her family’s finances. Her background in finance helped her understand the potential— but
We're seeing a bunch of these prospectuses going Effective. S-1's approvals are being checked off.
✔️19b-4 Aprrovals
✔️ Effective Prospectuses (S-1's)
These things will indeed begin trading tomorrow. There are no more steps needed
Breaking:
@Fidelity
just registered Form 8-A for their FIDELITY WISE ORIGIN BITCOIN FUND 👀
#Fidelity
8-A means they are now a registered security that can be traded PUBLICALLY!!!!
$FBTC ETF is approved.
Update: Next will be the
@CBOE
listing of 315948109. Ill update when I
Flows and assets are not the same thing… this tweet mixes the two and is misleading.
Flows typically should not include seed and do not include total assets. Grayscales flows are actually a negative number!
Interesting German broadcast. The role of digital assets in renewable energy and grid stabilization is just beginning to be discussed in mainstream audiences with
#bitcoin
as a driver towards clean energy.
We’re thrilled to announce that
@OpheliaBSnyder
, co-founder and president of , has been included in this year’s “Women in FinTech Powerlist: The Standout 45”! 🌟
Ophelia’s impact extends beyond her day-to-day role, making her a true standout in the field.
After bitcoin reached an all-time high this week, 21Shares and
@ARKInvest
rang the opening bell at
@CBOE
to celebrate $ARKB, the spot bitcoin ETF. The ARK 21Shares Bitcoin ETF reinforces 21Shares US and ARK Invest's commitment to democratizing access to digital assets. We believe
I am not a huge reddit person but this was actually super cool. Some great questions and some really interesting responses from my cofounder
@hany
and
@CathieDWood
. Definitely worth a look :)
21Shares has hired Federico Brokate to run their US ETF business. He was previously head of iShares Americas and instrumental in bringing $IBIT and $ETHA to market. Big-time hire by 21Shares, byproduct of their recent growth
Chatted with
@VildanaHajric
from
@business
today about the SSAs in recent
#bitcoin
filling updates. They are something that will only help move our market forward, foster adoption of crypto and increase convergence between tradfi and
#Crypto
.
🎉 We’re thrilled to announce that our 21Shares Solana Staking ETP has reached a new milestone! This isn’t just about numbers, it’s about the growing interest in the Solana ecosystem as the next generation of App Stores and the future of internet & finance. 🔗 To learn more about
Five years of operational experience in digital assets has taught us to balance transparency and security. This is our approach to security:
✍️ We use segregated wallets, multi-sig protocols, and maker-checker policies to mitigate risk and ensure accurate tracking while
Thrilled to announce our partnership with the incredible
@CathieDWood
, Founder & CEO
@ARKInvest
. We're launching the ARK 21Shares Digital Asset ETF Suite, and the future of digital assets has never looked brighter.
Learn more here:
#Innovation
21Shares and ARK Investments rang the opening bell at
@CBOE
to celebrate the launch of our actively managed bitcoin futures and ethereum futures ETF suite:
#ARKA
,
#ARKD
,
#ARKC
,
#ARKY
, and
#ARKZ
.
Such an exciting launch for us! This is a key component in strong portfolio and risk management in crypto.
@21Shares
@BlockdaemonHQ
@metrikaco
and are providing a critical (free) service to participants across the market 🚀🚀
Lots of interesting regulatory developments in the U.S. this week… but maybe the most concrete change in the market is the approval of
#crypto
ETPs in the UK! The
@21Shares
team is incredibly excited about this new development. Onwards! 🚀
🎉Big News! The UK Financial Conduct Authority (FCA) has officially approved the base prospectus for our ETP program.
This communication is directed only at persons who are investment professionals for the purposes of the Financial Services and Markets Act 2000 (Financial
Wow! This is incredible! Such a testament to all the hard work the
@21Shares
team has put in this year and to the confidence have clients out in our products. 🤩
🎉 Exciting news from the 21Shares team! We’ve been recognized by ETF Express with not one, but THREE awards! 🏆🏆🏆
Best Cryptocurrency Index Provider
Best Crypto Linked ETF Issuer ($100m+)
Best Bitcoin ETF Issuer ($100m+)
A huge thank you to our dedicated team and our
#crypto
hasn’t seen money at insti scale. These are current
#etf
flows for products without a market anomaly (10 years to get a US BTC ETF). ETFs have gotten ~$1.2 trillion in net inflows over last 24 months. Crypto’s current market cap is ~$1.7 trillion.
ETFs flows are +$105b in Dec so far, have decent shot to break all-time monthly record set in Dec 2021 and at $567b YTD a decent shot to have 2nd best year ever passing last year's $594b. $SPY still on top w/ $49b (which if it holds would be all time record for single ETF)
.
@21Shares
and
@ARKInvest
share a lot similarities in research philosophy. And the journey in crypto starts with education.
I had a lot of fun recording this brilliant episode with
@OpheliaBSnyder
and
@yassineARK
.
Check it out:
If you invested $1000 in ADA, BNB, SOL, ETH, and BTC respectively on 2023-01-01, by the end of the year the profit of your investment:
- $1,440 for ADA
- $300 for BNB
- $9,410 for SOL
- $910 for ETH
- $1,560 for BTC
NFA, but feel free to play around with the simulator in our
The Truth About Bitcoin: A Comprehensive Thread Debunking Common Myths
This last week has revealed that despite growing institutional acceptance, Bitcoin remains highly misunderstood:
- Jamie Dimon claims Satoshi controls Bitcoin
- Vanguard claims bitcoin is too volatile and
Today, we’re releasing a new
@DuneAnalytics
dashboard to help investors, users, and others to access $ARKB Bitcoin holdings.
Our dashboard is designed for transparency, showing the total bitcoin holdings of ARKB. While we aim for openness, security is key.
Why don't we
I love museums. In every city I go to, I explore a couple. In many of them, there is an exhibit like this one. This is from the Soumaya in CDMX. In the past year alone I’ve seen the same thing in Malaysia and in NOLA. How do people not see that currencies can evolve?
#BITCOIN
🎉 Countdown to
#BitcoinHalving
is on! Stay updated with every tick as we approach this crucial every-four-year event.
🔍 Check out the live countdown by
@21co__
and get ready for the halving impact!
#DuneData
#DuneDashboard
.
@21Shares
filed our spot bitcoin ETF application back in April with
@CathieDWood
&
@ARKinvest
The filings this past week makes me even more bullish. We're committed to offering U.S. investors a safe regulated way to access this exciting asset class.
Interesting new dashboard from
@21Shares
@tomwanhh
On the product side, we’re watching the impact of Lido redemptions on the timing of ETH unstaking very closely. It’s a key factor in safely enabling staking in
#crypto
#ETFs
.
@LidoFinance
is the largest Liquid Staking Protocol with over $12.41B TVL. With their latest V2 upgrade, holders of $stETH can now request withdrawals from Lido.
Our latest
@DuneAnalytics
dashboard by
@tomwanhh
covers everything you need to know🧙
Long term -
#Tradfi
and
#Defi
should be the same thing. They need to converge in order for
#crypto
to live up to its promise of changing financial infrastructure.
Very proud of our refreshed website. Finally people can see the whole picture of what we are working on
@21co__
including our Onyx OS and our
@21Shares
ETPs (for now!).
🎉We are excited to announce the launch of our new website!
At , we are committed to bridging TradFi & DeFi for crypto asset management. With our new website interface & new features, stay tuned for exciting upcoming announcements!
Team-building across a global team is achieved through collaboration and connection. 🌎
Loved this metric from
@21co__
's
@Donut
#DonutDigested
this year and look forward to beating our own record in 2023.
The countdown begins: today, 21Shares and ARK Invest announce the upcoming launch the ARK and 21Shares Digital Asset ETF Suite.
The ETF suite uses crypto-specific insights alongside traditional indicators.
Here's pic from inside the London vault of the gold bars owned by GLD's shareholders. The folks in pic are SPDR (DR = depository receipts) ETF execs who back in day had to deal gold bugs claiming $GLD was a sham, nothing more than "paper gold" Sound familiar? h/t
@ETFhearsay
Looking back on the last year of accomplishments
@21Shares
I could not be more proud of our team or of the community that supports us. 2024 is going to be a fascinating year in
#crypto
. Onwards and upwards! 🚀
Reflecting on the past year, we’re filled with immense gratitude and pride. It’s been a remarkable journey, and we couldn’t have done it without the unwavering support of our community. 🙏
#21Shares
Join our analyst call tomorrow on the launch of the latest issue of the State of Crypto magazine. Our co-founder and President
@OpheliaBSnyder
will join
@elindinga
, Director of Research to dive deep into the mechanics of ETPs. Register your interest:
Our amazing research team
@21Shares
is looking for someone to join our US team. If you are interested in cutting-edge crypto research and educating clients about this new asset class, I can’t think of a better person to do that with than
@adrianwjfritz
and his team 😊
Grayscale is not actively “dumping on the market.”
People are selling GBTC which means grayscale has to sell the equivalent amount of bitcoin.
It’s not nefarious. It’s simply the mechanics of an ETF.
How did EU institution get comfortable with
#Crypto
? The EU got ETF/Ps 5 years ago. It was an uphill battle to educate people about
#Bitcoin
#Ethereum
and alts. It look time and effort. The US will take longer to allocate than popular opinion thinks.
Looking at BTC today, one of the bigger risks that I see is global macro and not purely fundamentals. BTC has been both a risk on and a risk off asset historically.
But… the holder base of BTC is changing with the arrival of new institutions and their interpretation of role of
📈 The latest
#Fed
decision maintains interest rates at 5.25%-5.5%. Despite this, the U.S. economy is showing resilience with robust job creation and wage growth. 🚀 With the S&P500 hitting an ATH, it’s crucial to monitor economic indicators for potential effects on
#Bitcoin
.
Very relevant in a
#Crypto
bear market where not all companies are in “default survival” mode and have strong PMF. It’s a test of whether art
#NFTs
are comparable to the owning the art itself. Can’t improve on a medium if we don’t meet table stakes.
As more NFT markets shut down, millions of dollars worth of NFTs are at risk of losing their metadata and going blank forever
Metadata = images, description, traits .etc of an NFT
Metadata Risk levels:
- Stored on centralised server = You're fucked if the market or project
We are
#hiring
a Head of
#communications
to work with our amazing Head of Marketing Maggie Ng in our
#newyork
office. If you are interested in
#crypto
,
#etfs
or
#fintech
and want to help build one of the most respected brands in our sector, apply! 🚀🚀
This market is so volatile that a single entity sharing their opinion that an ETF will get rejected is enough to trigger the liquidation cascade that the same irrelevant entity also predicted would come with the ETF rejection.
"It is representative of an accumulation of human knowledge that shouldn't be so callously disregarded, right? Part of the beauty of what we're doing now is we get to stand on the shoulders of giants." -
@OpheliaBSnyder
Listen to our brand new episode.
Crazy growth in our
#Solana
ETP this year. Driven not just by price but also strong net inflows over the year. Reached a new ATH in coins under custody. Shows some really interesting institutional demand and a strong narrative resonating with a wide range of investors.
We are thrilled to announce that ASOL is now our largest ETP, boasting over 548 million dollars in AUM! ASOL, our 21Shares Solana Staking ETP, is 100% physically backed and tracks SOL’s performance while capturing staking yields that are reinvested into the ETP.
Do we really expect the average person to spend 10k hours learning about crypto? We need to make this industry as accessible as possible, not take pride in complexity.
@Bitcoin
Not working today but scrolling through twitter just now andddd holy hell… there are a lot of bad
#bitcoin
etf takes. People are simply uninformed (being nice) and wayyyy too gullible
Say it with me:
“Spot Bitcoin ETFs WILL hold Bitcoin”
Incredibly proud of the product our
@21Shares
team has launched today. It is a world's first bringing fully collateralized yield from crypto to traditional markets. Exciting product for the low interest rate/high inflation market we find ourselves in. 🚀
"We’re in an environment where interest rates are negative and we are excited to offer a first of its kind product that can provide meaningful risk-adjusted yield," said
@OpheliaBSnyder
President & co-founder of
@21Shares
.
@ETF_Stream
Love reading
@CathieDWood
comments on the bank failures in the US. Such an excellent case for
#Bitcoin
and new financial infra built on
#blockchain
. We are nowhere near experiencing the tech’s full potential yet. Can’t wait for us to rebuild the world’s financial plumbing! 🚀
Couple of basis points on trillions of dollars goes a very long way. It’ll take longer to arrive than people think. Gatekeepers in institutions are critical and take time (weeks-months). But it will happen and it’s not something we’ve really seen before.