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Rational Active Allocation - Update (May 2024)

Photo by Brian Wangenheim on Unsplash

Quick update on what's been going on in the world of Bitcoin ETFs lately. Things have been pretty busy, with daily net inflows averaging $141 million in the past couple of weeks. Blackrock’s IBIT fund has actually become the biggest one out there now, beating out Grayscale’s GBTC.

Point to note - miners have been putting up a daily sell pressure of $32 million since the halving, but ETFs have been buying over four times the new supply.

In addition to this, stablecoin supplies have shot up to almost $170 billion, which is $30 billion more than last year.

TLDR - Its a waiting game - place your bets and stops accordingly!


If you are not ready to hold Bitcoin yourself, an option while you “Study Bitcoin”, is to follow our "platform verified” strategy - Rational Active Allocation. You can do so with as little as £20 per month, knowing that every allocation update we make to accumulate more Bitcoin will be replicated for you. This is a custodial solution aimed at those just starting their Bitcoin journey.


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