Bitcoin

[Fowl Play]

Wallstreet still buying View attachment 1027522

Just to put things into perspective, even large purchases like this $121 million are frequently less than 1% of total assets to these investment companies... They are purchasing them just so they have a foot in the door incase it moonshots -- they do not necessarily mean "Wallstreet is adopting bitcoin."

In fact, it could be seen as "they are so speculative of it, they only chose to invest 1% of their money in it."

That is generally how I would choose to invest in Bitcoin, only the amount I would not care about losing.

 

[fmyth]

So they will make money on the transaction,.....they make money on transaction, whether the actor is making profit or losing capital, regardless of vehicle.......I am not sure Wallstreet "embraces it as the future benchmark currency", but it's demand for transaction platforms warrants they get in on the transaction profit

True, transaction volume = revenue for them no matter the direction. But Oldenburg's comments (and the OCC trust charter filing) indicate they're going all-in on building native Bitcoin infrastructure—not just dipping a toe. That's more than fee-chasing; it's positioning for a world where BTC is a core asset class for their $9T+ client base. Demand is driving it, and profit follows.