TD₿: Bitcoin ETFs pass $100B AUM - (a CNBC segment) with Brian Hardigan
TL;DR: Bitcoin ETFs now hold $100B+, driven by strong demand, favorable regulations, and growing institutional adoption. Poised for major growth in 2025.
Hey Bitcoiners,
Bitcoin ETFs have experienced rapid growth, surpassing $100 billion in assets across 12 funds and becoming the largest collective holders of Bitcoin. Spot Bitcoin ETFs, nearing $110 billion in assets within a year, are poised to outpace physical gold ETFs.
The ecosystem around Bitcoin ETFs continues to expand, with options markets, income variance products, and tailored ETFs like buffer-defined outcome and tail-risk hedging funds gaining traction. Regulatory support and the accessibility of ETFs as a liquid, regulated vehicle are lowering barriers for institutional investors, solidifying Bitcoin’s role as a store of value and an asset class with significant growth potential.
This evolving landscape is expected to drive further adoption and innovation in 2025 and beyond.
Enjoy!
Tick tock next block,
The Swan Education Team
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Quote of the Day
“[Bitcoin is] a claim on the future productivity of the planet, in perpetuity, discounted to the present.”
- Trace Mayer
Job of the Day
Senior Frontend Engineer
North America
Remote Only/Full Time
Engineering
Welcome to Fold, where innovation meets financial freedom. Our team is dedicated to revolutionizing Bitcoin interactions with user-centric design and cutting-edge technology.
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What You Will Do
Develop and ship features from the engineering and product roadmaps.
Participate in Code reviews.
Develop testable, reusable components guided by object-oriented principles, Design Patterns, Clean Code, and the SOLID principles.
Collaborate with cross-functional teams, including product managers, designers, backend and QA engineers.
Iterate/refactor on codebase architecture and components.
Who You Are
5+ years of front-end development experience.
Prior experience in an Agile environment is essential.
US residency is required due to our crypto services.
An expert in Javascript fundamentals, React Native, Redux, Typescript, and Jest
Comfortable with tooling: Circle CI, Git actions, Xcode, Android studio, Android Play Store, Apple App Store, Jira, Coda, and Slack
An excellent communicator
Nice to Have
Familiarity with Firebase, Datadog, Bugsnag
Experience with performance profiling
Experience with Segment, Iterable, Redux Toolkit, or Tailwind
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We're a highly collaborative, fully remote team.
Flexible work schedule, including unlimited time off
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Equity package
401k with employer match up to 3%
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In the Headlines
MicroStrategy Boosts Bitcoin Holdings to $42B with Fifth Consecutive Weekly Purchase
MicroStrategy has added 21,550 BTC worth $2.1 billion in its fifth consecutive weekly purchase, bringing its total holdings to 423,650 BTC, valued at nearly $42 billion.
MicroStrategy has spent $15.6 billion since November 11, buying 171,430 BTC at an average price of $60,324 per coin.
Swan Shortie of the Day
Event of the Day
Bitcoin MENA 2024
Dates: December 9-10th
Location: Abu Dhabi
Bitcoin MENA is a major event focused on Bitcoin, specifically targeting the Middle East and North Africa (MENA) region.
The conference, set to take place in Abu Dhabi from December 9-10, 2024, will bring together global leaders, institutional investors, and enthusiasts from the Bitcoin community to explore opportunities, innovations, and challenges related to Bitcoin's growing influence.
Bitcoin MENA will feature keynote sessions, panel discussions, workshops, and networking opportunities, covering key topics like mining, finance, and emerging trends.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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