Tracking the new Bitcoin ETFs with Thomas Fahrer SLP560

Thomas Fahrer, co-founder of Apollo joins me to talk about the Bitcoin ETFs. We talk:

• Analysing the Bitcoin ETFs
• What further institutional adoption looks like
• How much capital could flow into Bitcoin
• The Bitcoin FOMO scenario
• Disagreements on the power law model
• MSTR and Bitcoin

Links:

• X: @thomas_fahrer
• Site: Heyapollo.com

Sponsors:

• Swan.com (code LIVERA)
• CoinKite.com (code LIVERA)
• Mempool.space

Stephan Livera links:

• Follow me on X: @stephanlivera
• Subscribe to the podcast
• Subscribe to Substack

Chapters:

• 00:00 - Introduction and Background
• 03:02 - The Significance of Bitcoin ETFs
• 13:33 - Rebalancing and Volatility
• 21:19 - Grayscale's Declining Bitcoin Holdings
• 25:41 - Swan.com
• 27:00 - Mempool.space
• 27:45 - Coinkite.com
• 33:35 - Possible Motivations for Grayscale's Actions
• 34:03 - Successful ETF Launch and Consistent Demand
• 37:23 - Bitcoin Price Rise and Demand - Supply Dynamics
• 39:44 - Volatility and Orderly Transition
• 41:07 - Bitcoin's Historical Price Patterns
• 44:05 - Flaws in Power Law Model
• 45:05 - Bitcoin's Potential to Replace Traditional Assets
• 46:41 - Flaws in Power Law Model and Fiat Currencies
• 50:11 - Importance of Fundamental Analysis
• 51:38 - Bitcoin's Bullish Case and Fundamental Properties
• 58:51 - Closing Thoughts