VBTC - Vaneck Bitcoin Etf - Strawman: ASX share price, valuation, research and discussion

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#Launched 18th June

raymon68

Added a month ago

VBTC - toot, toot - Good growth here

Info Below:

VBTC - VanEck Bitcoin ETF | The first & most cost-effective on ASX

ETFs Head-to-Head: VanEck ‘VBTC’ vs Global X 21Shares ‘EBTC’ - Selfwealth Media & Articles

Key takeaways:

The VanEck Bitcoin ETF is the first Bitcoin ETF to list on the ASX, albeit the Global X 21Shares Bitcoin ETF has already been trading on the Cboe Australia market since 2022, amassing over $100 million in net assets since that time.
VBTC is a ‘feeder fund’, investing directly in the US-listed VanEck Bitcoin Trust to gain exposure to Bitcoin, whereas EBTC is 100% backed by physical Bitcoin held in ‘cold storage’.
In response to the launch of VBTC, Global X is reducing its management fee for EBTC, which means both funds will charge 0.59% per annum as of July 1, 2024.
Please note that at the time of this article publication, VanEck Bitcoin ETF (VBTC) is not available to trade via the Selfwealth platform.

BTCUSD Bitcoin US Dollar - Currency Exchange Rate Live Price Chart

BTC$100 in in sight (USA - New Governance / Values proving a factor here)

#Bull Case

thunderhead

Added 2 months ago

Microsoft is under some pressure to consider adding Bitcoin to its balance sheet, though its Board is presently against it.

https://fortune.com/crypto/2024/10/25/microsoft-tells-shareholders-to-reject-call-to-invest-corporate-cash-in-bitcoin/

Will be big if (when?) it happens...

Valuation of $36.00

Rapstar

Added 2 months ago

US economy remains resilient, with a strong private sector balance sheet (the wealth 30% anyway).
Fed is asymmetrically dovish, kowtowing to fiscal dominance by artificially stimulating demand for US Treasurys amid explosive growth in US federal deficit.
Weakening USD should accelerate dollar recycling and provide China scope to support their flagging economy with stimulus.
US fiscal impulse and treasury's financing policy are getting increasingly positive in Q4 ahead of $700 Bn spenddown of the US TGA in Q1 2025.
Trump election may drive euphoria in the short term, but his policies risk stagflation in the medium term (bad for $BTC)
NEAR TERM RISK: Tight Democrat election win could lead to civil unrest, as Trump and MAGA unlikely to accept result. Long term, civil unrest may boost use case / adoption.

My April 2025 $BTC target: $125 K USD

#Bear Case

thunderhead

Added 3 months ago

https://www.moneyandbanking.com/commentary/2024/9/15/a-national-strategy-for-bitcoin-sell-it-all-now

#Crypto psychos???

Karmast

Added 4 months ago

Wow - do some of us need to worry about who we are chatting with on Strawman!!!

The link here for those with an AFR subscription -

https://www.afr.com/markets/currencies/crypto-owners-are-more-likely-to-have-psychopathic-traits-study-says-20240902-p5k73c?utm_content=around_the_world&list_name=EBE726C6-38DF-4725-9BE4-5091999D8384&promote_channel=edmail&utm_campaign=the-brief&utm_medium=email&utm_source=newsletter&utm_term=2024-09-02&mbnr=MjExOTY0NTg&instance=2024-09-02-12-03-AEST&jobid=30762471