Its nice to see all of these huge big wig financial firms finally accumulating bitcoin like a freshman at a party trying to chug beer from a keg stand upside down! Its kind of funny actually and I have got to say that anyone that has been holding for quite a while ought to be real proud of yourselves because this shit ain't for the weak hearted!

ETF news will be the news that pumps the price, since the approval of US spot Bitcoin exchange-traded funds (ETFs) millions of dollars have flowed in and news may appear about individuals or funds investing in Bitcoin but most of those who bought have already bought and we get the news late in the quarterly disclosure.

Since this news is from August, it's very likely their holdings have grown since then.

The interesting thought is, do you think they're actively managing their positions, or taking a more long-term approach? It would be interesting to see if there are any updates on their holdings in future filings.

the majority of the coin held by blackrock is not new coin fresh from the mines or coins pilfered from naive independent traders who sold at the wrong time.. most of blackrocks holdings is coins that were already locked into a corporation (grayscale) for years prior

as for limiting institutions exposure to crypto. well the BIS is already saying that central banks can only have a medium limit of 2% exposure that can extend to 5% due to volatile cost risk(fast moving price changes) whereby they would need to sell coin if the price exceeded the 5% of their fiat reserves

right now the US central bank could only hold 100k coin and that number would get lower as the market price goes over $100k.. so the higher the price, the less coin US central bank get to hold

Bitcoin Spot ETF effects happen in many months, and it's not easy to forget that Bitcoin has 7 consecutive months with bullish green, from September 2023 to March 2024. [1]

[1] https://cryptorank.io/price/bitcoin/analytics

Trump's effects, assume so, bring 37% increase in November 2024, but if looking back, in January 2023, it is +39.9%, and in a last bull run, 4 years ago, we have November 2020 (+42.9%) and December (+47.8%). There are Trump's effects, but I don't amplify it.

trump did not cause the november pump, its actually part of the market cycle pattern
if you look at the cycles there was a pump after the 2020(may) halving where price breached the $20k in dec2020(7 months)
if you look at the cycles there was a pump after the 2016(july) halving where price breached the $1.2k in feb2017(7 months)

2024halving(april) +7months=november