/biz/ - Business & Finance

>>57252753
Considering the absolute shit stocks they piled into during covid, they will be all over it.

>>57252759

>>57252759
>Cathie Wood

>>57252765
Predictions based on what, exactly?

>>57252764
They had money to spend then. They don't now.
That aside, the retail boomers will be along just in time for the dump, as usual.

They've already put a ton of money on commercial marketing. Boomers will be seeing btc ads 24/7 while watching their soaps and/or the price is right.

>>57252799
that's about as bullish as the ftx and Coinbase commercials during the 2022 superbowl

>>57252759
>Update: They said no.

>>57252753
boomers are willing to put 3-5% into BTC just to spice up their portfolio

What time will the trading start?

You know remember bakkt

>>57252791
>He thinks interest rates were hurting boomers at all
They will reallocate from money markets and their existing portfolio idiot. They're not wagies.

>>57252806
I don't think that's the same at all. The commercials will be like vanguard telling every boomer that it's a safe investment and it "goes up 5% every year". Also, blackrock is planning on telling their employees to suggest the ETFs to all their clients at banks and etc. It's all happening behind the scenes. The Cathie Wood tweet above is just a small glimpse of what they're doing to lure in boomers.

>>57252753
Boomers are still investing in commercial real estate, print media, non-online retail etc

They will buy a crypto ETF purely because they can't figure out how to otherwise, but they only buy super inflated bags long in the euphoria stage of the cycle.
Plenty of autists here will use a Roth or whatever to be able to access tax advantaged btc in the interim

Retail isn't the target, BTC ETFs are already the largest ETF launch in history and they haven't even launched yet, you don't get these kinds of fee bidding wars from the largest asset managers in the world without them feeling the demand, you don't get Dimon bending the knee to King Bitcoin without them feeling the demand. The great thing about economic solutions is you don't need to understand why they work for them to work.

>>57252901
Exactly. And they aren't going to hard sell going all in, they'll suggest it as a mirror position as an uncorrelated asset, which it is

I dont give a shit about ETF because BTC is too pumped to get rich, I need 2x leverage.

Miner stocks are too risky, so im thinking MSTR.

Will this dump due premium too high now and then pump?

>>57252753
>Do we even know if there's retail boomer interest in these ETFs?
yes. just look at grayscale's btc trust. same sort of demand

>>57253044
Just buy the options.

>>57253044
>regulation surrounding mining is entirely up in the air
>every one of them can randomly get fucked at any point
Why not just buy a shitcoin with a dogs face on it? Don't pretend you know any better

>>57252753
Yes. They will buy it up like crazy. They have money to burn. This will be like a trip to the casino nickel slots for them. They’ll also enjoy sounding hip and cool for owning crypto. Then the bottom will fall out.

>>57252753
The ETF is ultimately inconsequential. It allows institutions to hold bitcoin that can easily be seized by the government. None of my boomers are really into Bitcoin but I've made myself available to explain it to people I trust. Once the halving happens and Bitcoin really starts putting up numbers in USD then there's going to be a lot of interest so the goal is to capture it and funnel it to blackrock and whatever other snake pit nice within the comfy confines of the Federal Reserve system. I would hope the inevitable Boomer money comes in the form of privately or custodially held Bitcoins, not this ETF dogshit.

>>57253333
Wasted.

>>57253333
Dullard. State is memeshit, Economy runs the world, they couldn't manipulate gold in fucking 1971 when they had compete control over media and finance why the fuck do you think they can manipulate a public transparent blockchain?

>>57253643
Bitcoin will exist with or without central banking, I want liquidity, not to be ten degrees of separation from my money.

>>57253980
A tsunami of liquidity approaches, and you're crying it's the wrong kind, normies were never going to self custody, the State doesn't die from your grassroots circular alt fagconomy with it's kabuki theatre of tradfi that no one uses, it dies by getting efficiency-squeezed by big swinging dick of Economy

>>57253193
I dont know how options work, sounds like some scam that can get you liquidated. I want to hold real stuff in case the trade goes wrong at least I can baghold until next cycle.

>>57253214
That would fuck BTC and thus all alts.

>>57252753
who the fuck cares about your hacked ETF nigga XOR's pumping and recovering, my XOR card will be useful soon