Today’s Animal Spirits is brought to you by Franklin Templeton and Fabric by Gerber Life
See here for more information on Franklin Templeton’s new Bitcoin ETF
See here for more information on Life Insurance with Fabric by Gerber Life
On today’s show, we discuss:
Listen here:
Recommendations:
Charts:
Tweets:
Yesterday was the first 2%+ one-day gain for the S&P 500 since 1/6/23, ending a streak of 281 trading days without one. Didn’t realize how long it had been! pic.twitter.com/dZYp4flifB
There are ETFs that “T” a LOT and those that don’t.
Here’s a look at the Top 20 U.S.-listed ETFs ranked by average daily ’23 AUM showing total value traded in ’23, turnover (avg. daily AUM/total value traded), and avg. “holding” period. pic.twitter.com/o0iiAUyR4L
The 10 bitcoin ETFs netted +$2.3b last week. For context, that is more than any other ETF (out of 3,400) took in. $IBIT alone was #2. This brings total net to +$5b, which is more than BlackRock as a whole has taken in. Again, this is all net GBTC bleed. Throw that out and the… https://t.co/PlxnfQ7ETfpic.twitter.com/04LTixd3Zt
It’s official..the New Nine Bitcoin ETFs have broken all time volume record today with $2.4b, just barely beating Day One but about double their recent daily average. $IBIT went wild accounting for $1.3b of it, breaking its record by about 30%. pic.twitter.com/MiCs1rzttM
Cointucky derby update. It’s gonna be a solid flow day for the #Bitcoin ETFs once we get data for the remaining ETFs. Don’t yet have flows $IBIT, $BTCO, or $BRRR.
Even without those — the ETFs purchased at least ~$403 million worth of Bitcoin today. Will update more tomorrow pic.twitter.com/EPy7zVvSXZ
📍There are now 498,000 single family homes on the market in the US. 📍That’s almost 1% more than last week, and now 16% more than last year at this time. 📍This is the first inventory increase of the year. 📍Mortgage rates are up sharply from last year so inventory is… pic.twitter.com/m0X39Qb7O6
Check out our t-shirts, coffee mugs, and other swag here.
Subscribe here:
Nothing in this blog constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Ritholtz Wealth Management or its employees.
The Compound, Inc., an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investing in speculative securities involves the risk of loss. Nothing on this website should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product.
