Prediction evidence

Andrew on why Morgan Stanley's Bitcoin ETF has zero outflows while $IBIT sees money come and go "Morgan Stanley's Bitcoin ETF, zero outflows in five months. Not a single dollar. That's the bid underneath the markets and Bitcoin as an actual asset." "ETFs are an entity where boomers understand, investors understand, just put money into this stuff and three months from now your account's going to be higher, six months from now it's probably going to be higher, nine months from now maybe a little bit flat, but it's not going to be down 30%. That's how they think, that's how they allocate." "BlackRock's IBIT is a tool, sure it's an investing tool, but it's also tied to their options stuff. You've got huge hedge funds messing around with all that, so money comes in, money goes out." "Morgan Stanley is a pure play American consumer wealth management client product. Money goes in and it stays there. That's the bid underneath Bitcoin, that's the bid underneath the S&P, that's the bid under the Nasdaq."