 All right, everybody. It is a great day today. I mean my voice is a little bit hoarse But don't set that let that let that deter you from the fact that we're having quite a green day I think you're looking up and I have to tell you Steve Allen in the chat So I said it perfectly reverse Kramer is actually wrong So today's a good day like we've seen There's a little pump going on and the question if you ask yourself is why is this pump going on? And does somebody know something that the masses don't we're gonna take a look at that? So if you've lived on her lock and maybe haven't checked your portfolio Let me enlighten you that bitcoins up almost 3% Ethereum's up. Everybody's up tether. I don't really cares and Ultron 1.2, but there's some pretty big gains for just today alone, which is kind of awesome Caspa seems to be doing this massive run seven almost 8% for the week 7.3 percent for 24 hours There's some other big winners out here Thor chain Roon is looks like it's crushing it right now And then there's another big one that I saw down here. I thought was pretty impressive. Oh, yeah Terraluna classic Continues to defy the odds and go up 20 percent in 24 hours or 64 percent in the week who saw that coming Well, probably the people that love Terraluna classic So congratulations to you guys whoever was crazy enough to do that. Good luck to you Hopefully it does well And that's what's going on in the market itself but the question you have to ask yourself is what's really going on behind the scenes and the answer is Well, there's three answers actually ETF ETF and ETF and it looks like because it's ETF Anticipation and we're gonna take a look at what's going on with stock prices of coin base and the different prospects of what's happening But because of this anticipation just here in the States He was the largest crypto fund inflows for two years and We've taken a look at this quite quite enough and it looks like there's a lot of inflows coming in but not like the last seven days So digital asset investment products record the largest inflows since late 2021 remember those days late 2021 All those are sweet days. That was when we had all-time highs in November of 2021 It was luxurious. It was fantastic and of course we had to know that at some point things gonna crash And they certainly did and looks like we're repeating things not for the crash but as far as like influxes We added 346 million But by Bitcoin and ether base funds. That's the anticipation of a US based spot Bitcoin ETF Last week's additionally doubled doubled 176 million registered in the prior week Compounding a nine week check this out a nine week consecutive run Year-to-date inflows to over 1.5 billion nine weeks 1.5 billion somebody knows something and that's of course where we got the Beautiful thumbnail and we can see that there is quite a massive bit of inflows that is happening But the question is what's going on, you know people really convince that it's really gonna happen It looks like it is and it's not just here in the ETF parts, but even Coinbase the coinbase stocks. I'm gonna mention this to me. They said, yeah, you know coinbase stock is up I'm like, no, it's not But yeah, they were right and over the last day I mean just today we can see there's a little bit of a traction but look at five days Okay, look at one month. All right. Look at six months now. We're talking look at a year now if we go over max Of course, nothing can Relegate to the to the to the past glory that was uh, november 12 2021 Or even back in the very first listing of april 2021. Man, those are great days But uh, again over the last year or so things have been really skyrocketing skyrocketing upwards And the reason is because of this quite simply uh, the people and the institutions that are Are shipping away at this potential bitcoin ETF guess who the custodian is grace. It's coinbase gray scale It's coinbase arc coinbase black rock coinbase bitwise coinbase vaneck Gemini whatever and if you want to do gemini, that's fine I don't really trust those two twins but whatever wisdom tree coinbase and vesco coinbase fidelity self-cassity. That's ballsy Valkyrie and global x coinbase and franklin templeton coinbase. So of course There's a reason that the stock price is going up. It's because everybody's determined that this is what's actually going to happen and then It's not just in america Whether we see a lot of a lot of influx. Look at this in brazil Brazil has hit a hundred million dollars in assets under management For their spot bitcoin ETFs that are going on right now And I think what it what it is is because there's a there's a hype of of america potentially getting a spot bitcoin ETF It kind of gives the legitimacy For all these different spot bitcoin ETFs I know people will say but rob you don't understand because like canada had the first ones and they're they're trailblazers It's true. They are but you have to understand that america just has the most amount of crazy money Just sloshing around when we see something like this happening people follow suit. Here's what we got So pro market digital assets regulations are going interests are the factors obviously And there was a couple good quotes in here that which make when you read these it makes you extremely bullish but temporary expectations, but they deliver really good and uh, this is from Marcello, sampaio now the CEO and founder of hash decks and they're the the largest one for the etf as far as uh Assets under management for these etfs and these states There's a growing positive sentiment across the most sophisticated investors And we've been seeing increasing interest from some of the largest institutions Whether that be either allocating or considering adding crypto soon to their portfolios Hashtags is among those with outstanding applications For the spot bitcoin ETFs with the sec so they're It's kind of crazy like they have one already in brazil and they're trying to fight for one in america They're like well brazil could do it Why can't you and the reason is because gary yens are in the sec says no because Bryce can't even be manipulated however I think with everything that's just happened with a coin based and pretty much taking down cz It kind of leaves the path open and even me who have been a staunch Critic of an ETF coming even I can see the light so we'll see And then lastly there's traditionally been a lot of interest in crypto ETFs from the brazilian public said The silver managing partner at taggis capital And the number of investors in digital asset ETFs will only continue to grow So I want to say congratulations to everybody who has been investing into Bitcoin digital assets because congratulations. Guess what you did? You just front you just front ran everybody who is the marketing genius of traditional finance You realize what was happening. You say, you know what? I think I'm gonna get ahead of these people and you did So great job and then to finish up And we can't all be positive here on this channel I like to give a little bit of balance because If not, then bullishness runs away from us and we yolo into the craziness that is the altcoin market and things like that Even i'm susceptible. So temper your expectations Just know this is from uh What was this from? Oh top seven. I see you And uh, just know that there are a Good amount of unlocks coming in now. Is this enough to to offset the market? Not for sure, but just be aware That uh, the percentage of supply as far as dy dx which I believe is in the top 100 15 percent of supply is being unlocked and that's on the 1st of december Uh immutable 50 million. That's 1.87 optimism Sweet one inch axlera and adera. These are all being unlocked next week Or actually I think it's this week. So it's Tuesday. Yeah this week So just be aware that you might see a little bit fluctuations But in all honesty, it's not a big deal Because just think about it this way and there's a one of my favorite websites into the block.com It can show you this great little tool. There's two tools like to use It's called in and out of the money and ownership distribution When you're looking at the top, I don't know 500 different cryptos You want to see people who are in the money and you want to see this green bar maxed out as much as possible And what's great about it? We can see that with bitcoin the people that are in the money and the reason Why they're in the money is because we've had let me go back here We've had over 70 percent of people who are holding bitcoin one year or more So when you have something like that the people that are in the money is almost 80 percent out of the money 16 percent What does that mean? Price stability and price appreciation and then over here for ownership distribution There's three things we're looking at so they can pull it up Up above it's not it Ah, there we go. Thank you You're going to look if as much orange see possibly can there's whales Which are individuals who own a hundred or more bitcoin There's investors who hold a substantial amount but as much as retail which just holds a little bit And what this means is decentralization when you have a vast amount of retail almost 90 percent Holding the majority of the bitcoin that is out there, you know, some person has 0.01 Some person has 0.002. Somebody who has 0.3 That is what you want to see because it's in the hands of the many instead of the hands of the feet Which can dump on you. So when we take a look at this, this is just an easy way to you see it Like what is the most essentialized when we take a look at bitcoin Pretty much there now ethereum in and out of the money doing pretty good, too That's why you see more price stability a little bit of ethereum with a little price appreciation Not as much orange, but hey not too bad Uh, they don't care about that. See cardano also a good one Price a price appreciation not so much out of the out of the funds 57 Ton coin in the money pretty darn good. But again, look at this one wales We're almost at 71 percent essentially I think it's like 60 wallets hold the majority of the different tokens and then on and on you go So you can take a look at that again The website is apt at the end of the block and you can see all these great things and uh, I think this is positive and bullish for us unless you're all grant. Geez you got crushed And that's it for today So look, I know it's been a rough Rough time since 2021, but again just hold on I think the best things the best days are ahead of us, but that's it for today So if you like today's video, give it a thumbs up center subscribe and you're going to talk about its time sensitive So you got to take off take off. Thanks so much for stopping by