Thomas Fahrer, co-founder of Apollo joins me to talk about the Bitcoin ETFs. We talk:
Analysing the Bitcoin ETFsWhat further institutional adoption looks likeHow much capital could flow into BitcoinThe Bitcoin FOMO scenarioDisagreements on the power law modelMSTR and BitcoinX: @thomas_fahrer Site: Heyapollo.com Swan.com (code LIVERA)CoinKite.com (code LIVERA)Mempool.spaceFollow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack00:00 - Introduction and Background03:02 - The Significance of Bitcoin ETFs13:33 - Rebalancing and Volatility21:19 - Grayscale's Declining Bitcoin Holdings25:41 - Swan.com27:00 - Mempool.space27:45 - Coinkite.com33:35 - Possible Motivations for Grayscale's Actions34:03 - Successful ETF Launch and Consistent Demand37:23 - Bitcoin Price Rise and Demand - Supply Dynamics39:44 - Volatility and Orderly Transition41:07 - Bitcoin's Historical Price Patterns44:05 - Flaws in Power Law Model45:05 - Bitcoin's Potential to Replace Traditional Assets46:41 - Flaws in Power Law Model and Fiat Currencies50:11 - Importance of Fundamental Analysis51:38 - Bitcoin's Bullish Case and Fundamental Properties58:51 - Closing Thoughts