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Produced by Daniel Aharonoff & Mogul Media AI

Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a
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Produced by Daniel Aharonoff & Mogul Media AI

Decoding the Role of Authorized Participants in the Bitcoin ETF Market

As the anticipation for the approval of the Bitcoin spot ETF continues to build, the market is buzzing with confidence that the U.S. Securities and Exchange Commission is on the verge of giving the green light. The leading players in this race, such as BlackRock, Fidelity, and Grayscale, have all submitted their applications, but one crucial aspect that has caught the attention of industry observers is the designation of authorized participants. These entities play a vital role in creating and redeeming shares of the fund, ensuring liquidity by managing the underlying asset, Bitcoin, effectively.

Authorized Participants: Key Players in the Bitcoin ETF Race

  • The SEC's focus on authorized participants in the Bitcoin spot ETF applications underscores the importance of these entities in facilitating the conversion of gains into other assets for investors.
  • Grayscale's recent clarification of its authorized participants, including Jane Street Capital, Macquarie Capital, Virtu Americas, and ABN AMRO Clearing USA, highlights the significance of these designated entities.
  • The SEC's meticulous scrutiny of the authorized participants reflects a cautious approach towards ensuring the integrity and security of the Bitcoin ETF market.

With over a dozen applications awaiting SEC approval, the landscape of the U.S. Bitcoin ETF market is evolving rapidly, with each financial giant being closely followed by a network of authorized participants. The intricate web of relationships between these entities illustrates the complexity of the ETF approval process and the regulatory considerations that are shaping the future of Bitcoin investment opportunities.

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