Global Multi-Asset Investment Strategist, True Insights

Jeroen Blokland

All-round Multi-Asset investor. Former head of a EUR 5 billion multi-asset fund range. Speaker. Charts & Frameworks. Founder of True Insights, a provider of independent investment research, trade ideas & well-diversified portfolios.
https://true-insights.net/

Global Multi-Asset Investment Strategist

The Weekly Market Monitor – On Deflation, Spot Bitcoin ETFs, Rising Delinquencies, & Faltering China

Taking the Bitcoin Halvings Out of Isolation

In A Bitcoin Frenzy; Long BTC Miners & Short BTC

Build Well-Diversified Multi-Asset Portfolios

True Insights

Our research helps investors build well-diversified multi-asset portfolios and profit from market developments. In addition, our unique and proven Macro – Sentiment – Valuation (MSV) investment framework ensures a consistent flow of new investment opportunities. Together with our market views, these opportunities will be reflected in our live ETF-based Global Multi-Asset Portfolios.

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>From a risk diversification perspective, a spot Bitcoin ETF investing in Bitcoin outside the current system is more appealing than a derivatives Bitcoin ETF.</li>
<li>Using assets under management data of multi-asset, real assets, and gold ETFs, we estimate the potential AUM of spot Bitcoin ETFs somewhere between USD 50-150 billion.</li>
<li>Assuming that the share of equity and bond ETFs of total assets investments is representative of spot Bitcoin ETFs, you are looking at a Bitcoin price between USD 41,000-113,000.</li>
</ul>


From a risk diversification perspective, a spot Bitcoin ETF investing in Bitcoin outside the current system is more appealing than a derivatives Bitcoin ETF.
Using assets under management data of multi-asset, real assets, and gold ETFs, we estimate the potential AUM of spot Bitcoin ETFs somewhere between USD 50-150 billion.
Assuming that the share of equity and bond ETFs of total assets investments is representative of spot Bitcoin ETFs, you are looking at a Bitcoin price between USD 41,000-113,000.


Spot Bitcoin ETF - A Reasonable Approach to Impact