This data is very interesting.

CN
Phyrex
Follow
3 days ago

This data is very interesting. The key point is not that Bitwise donated $150,000, but that this $150,000 is 10% of Bitwise's revenue from operating $BITB for a year, which means BITB's annual revenue is $1,500,000. This number is not that large in my opinion, but Bitwise's Bitcoin holdings rank second among all BTC spot ETFs in the U.S.

It even surpasses Grayscale's $GBTC. It's worth noting that under similar fee structures (except for Grayscale's GBTC), Cathie Wood's ARK holdings are less than a quarter of Bitwise's, resulting in even lower revenue. And ARK is ranked fourth; Valkyrie, ranked seventh, holds only one twenty-fourth of Bitwise, making its revenue even more dismal.

So I often say that if it’s not top players like BlackRock or Fidelity applying for a spot ETF, then even if it gets approved, it’s very likely that it won’t bring in a significant amount of capital. If they can't achieve that with BTC, how can we expect them to generate substantial returns with other cryptocurrencies?

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink