NEW MSTR BITCOIN ETF! YOU WON'T BELIEVE THIS! (CONNECTED TO PRESIDENCY)
My Financial Friend
Introduction to Vivek's Bitcoin ETF
- Vivek, head of the Department of Government Efficiency with Elon Musk, has filed for a Bitcoin ETF
- The ETF will track using swaps and convertible bonds issued to buy Bitcoin
Connection to Wall Street and the Presidency
- The ETF is similar to Micro Strategy's convertible bond ETF
- Many Wall Street entities are interested in these convertible bonds for exposure to Bitcoin with limited downside
- Vivek's company, Strive, has outside investment from J.D. Vance, who has a vested interest in Bitcoin's success
- The Trump administration may have reason to implement a Bitcoin strategic reserve
Market Performance and Implications
- MSTR has performed well, up 450% in the last year and 2,000% since the bear market bottom
- Many people have exposure to MSTR through QQQ or other investments
- The Trump administration's potential interest in a Bitcoin strategic reserve could impact the market
Trading and Research
- A link to trade crypto on CoinW is available underneath the video
- Do your own research and understand the risks of leverage trading before investing