The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://www.fxstreet.com/cryptocurrencies/news/analysts-expect-bitcoin-price-to-hit-new-all-time-high-ahead-of-taproot-upgrade-202111030933
Upgrade will activate in 2 weeks time.
https://www.voltfunds.com/etfs/btcr
Incepted 27.10.
Current assets $2.7m after 4 days.
Arb 3.31% of fund - 4,952 shares
the-chuz.
Do you not think there is a danger of looking at things in to short a period.
Does it matter if the mkt doesn’t agree over 3 or even 6 months as long as they do eventually get it.
I’m not looking to trade and agree with Caddor that eventually the price will boom.
No got just over 600k shares so top was about £1.5m.
Obviously wish I’d taken some out but to be honest with fomo wouldn’t have sold many and would have probably bought them back at £2.
Im just happy to be invested in an undervalued BTC miner which I believe will produce a great return over the coming years.
I appreciate a lot of the frustration but personally I am so excited about being involved in this company and in crypto generally.
Poptimist. And I will keep saying them. PW has continually said Qtrs/ Years. You keep saying weeks.
Over the last 11 months my investment in Arb has grown from £120k to £800k and I have every confidence that it will continue to grow substantially over the next 6-12 months.
Have you actually watched the investor report - he went into a lot of detail that it was the sellers not Arb who didn’t want to disclose the price. You want to criticize Arb but can’t even be bothered to watch the reports and get your facts right. Same with a lot of the critics on this board.
LongInvestor - interesting points and you could be right.
With regard to machines PW is saying what he has always said that it has to be the right machines at the right time and with his connections confident more purchases will be announced soon.
May well be more dilution but don’t think it will be as dramatic and any money raised likely to be a comb of loans/BTC sold/dilution. How else do you grow , must be same for all the miners.
Body language more to do with PW seeming to be the only one comfortable in doing the presentations.
Think we will know a lot more over the next few weeks.
Amanensia - exactly how I feel.
To be fair as I’m invested via my pension/ISA’s Arb is the only real crypto exposure I can invest in.
Happy to wait and still confident next year will bring early retirement (or heart attack) !
https://www.fxstreet.com/cryptocurrencies/news/biggest-bitcoin-fund-in-the-world-could-become-etf-by-july-as-gbtc-nears-40b-aum-202110291030
Looking to turn their BTC Fund into an ETF next year.
Can anyone explain difference between Bitcoin Fund and Bitcoin ETF. Why in the US are funds approved but ETF ‘s not (other than futures) ?
Thanks Mike.
Seem to be a lot more funds looking to invest in miners to access the hodl as a they can’t directly track BTC at the moment.
Just this week Volt has launched and a couple of new funds in Australia specifically targeting miners.
As our hodl increases we will become more and more attractive to investors.
https://forkast.news/headlines/australian-etf-grants-exposure-bitcoin-mining/
New Australian ETF tracks the Global Digital Miners Index. Arb not mentioned specifically but assume will be included. Seems to be a number of Australian ETF’s being set up investing in mining companies.
Increasingly becoming way of allowing people to invest in BTC esp if regulation not approved for a BTC ETF.