The Wolf Of All Streets - Bitcoin Inflows Explode | Welcome American Bitcoin!
Episode Date: July 1, 2025►► Discover Bitcoin Yield: https://archpublic.com/ Bitcoin ETFs have pulled in nearly $5 billion in just 15 trading days – and BlackRock's IBIT is leading the charge. Meanwhile, Trump-backed A...merican Bitcoin raised $220 million to accumulate BTC and mining equipment, signaling a new wave of U.S. political and institutional adoption. I’m joined by Andrew Parish from Arch Public to break it all down on The Wolf Of All Streets. Andrew Parish: https://x.com/AP_Abacus ►► JOIN THE WOLF PACK - FREE Telegram group where I share daily updates on everything I'm watching and chat directly with all of you. 👉https://t.me/WolfOfAllStreet_bot ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY! 👉https://thewolfden.substack.com/ ►► Arch Public Unleash algorithmic trading. Discover how algorithms used by hedge-funds are now accessible to traders looking for unparalleled insights and opportunities! 👉https://archpublic.com/ ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. Use code '10OFF' for a 10% discount. 👉https://tradingalpha.io/?via=scottmelker ►►BLOFIN - Blofin is offering our Telegram members a $30 Bonus + 50% Spot Discount when they sign up for The Wolf Pack. 👉https://t.me/WolfOfAllStreet_bot Follow Scott Melker: Twitter: https://x.com/scottmelker Web: https://www.thewolfofallstreets.io/ Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #ArchPublic The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.
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Bitcoin ETF inflows are absolutely exploding on a historic streak doing, as the president
would say, great big numbers, the best numbers.
And speaking of the president, American Bitcoin raising over $200 million to buy mining equipment
and to compete and make America great for Bitcoin mining.
We've got this and a whole lot of other stories
talked about today with Tillman and Andrew,
the team from ArchPublic.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go.
Let's go. Let's go. Let's go. Let's go. Let's go. Let's go. I used to do that intro where I say, what's up everybody?
I'm Scott Melker also known as the Wolf of All Streets.
Before we get started, please subscribe and hit the like button.
But I don't do that anymore because it's weird to ask you to do those things, even though
I just asked you to do those things.
I have a question for Andrew as we get started.
What does it mean to move your noodle?
I'll leave it to the audience to figure that out.
Yeah.
It, it, it just the question itself should move the noodle just a bit.
We were talking right before the show and if Andrew said, if that doesn't move your noodle, then I don't know what does until it was just very thrown off.
My words were don't ever say move your noodle again.
Okay, but speaking of things that should potentially I'm not going to say your specific noodles,
but the news that could move noodles of Bitcoin believers, we've got Bitcoin ETF inflow streak
hits 15 days,
nearly 5 billion as Bitcoin hovers below all time high. So
listen, we got stonks making all time highs left and right,
right? I mean, we had Coinbase make an all time high, the S&P
itself, the NASDAQ, all these things, Bitcoin, obviously sucks
because it hasn't. So it's dead.
Yeah, it is. There's a longstanding saying in traditional finance that came to
prominence about 20 years ago. And it's buy low, sell when you die, not buy low, sell
high. And the reason why this came to prominence is because securities-based lending came to prominence. So instead of selling off portions of their gains, boomers and the like simply take out securities-based loans against those gains and they never sell. So this is the reason why inflows continue unabated is because the inflows consistently outstrip
whatever small outflows that exist out there. Boomers that get into these products, BlackRock,
Bitwise, and the like, they just don't sell positions. They don't sell positions.
And this is why these streaks will continue
There may be a day or two where there's outflows for some reason and then another streak will happen
And if you look at Black Rock's
Product and look at a graph of it over the last 16 months. That's what it looks like
16 17 18 days in a row then there's two days that are down,
another 11 days in a row, two days that are down,
four days in a row, one day down.
That's what it looks like and the reason why
it's on its way to be $100 billion in AUM,
probably by the end of the year.
I mean, we haven't even talked about it
because it happened between shows
and actually I wasn't here last Tuesday,
but I mean, Bill Poulty is saying that Fannie Mae and Freddie Mac have to look
at Bitcoin on a registered United States exchange, have to count it as part of
your assets. That's just another parallel step to exactly what you're talking
about, which is Bitcoin or certainly ETFs and all those just being counted as
part of your portfolio for all of that lending.
I mean, Fannie Mae, Freddie Mac saying, hey, your Bitcoin counts towards your net worth
and towards your reserves for your mortgage payments and stuff.
It's just absolutely massive, especially alongside exactly what you're saying.
Just shows that Bitcoin and maybe crypto as a whole will just be another asset class that
counts for everything. Well, you can't not count Bitcoin ETFs in your brokerage account.
But they could discount them.
Right.
Part of your asset, right? Asset base.
It's an ETF, and ETFs are security, right? So, it is, of of course they're going to do that,
but actual, you know, spot held Bitcoin
is also going to be considered.
And you know, whether we'd love to talk about politics
or not, let's set that aside.
The truth of the matter is for Bitcoin and crypto,
we're in a Renaissance period right now, man.
There's no question about it.
Whether we like the fact that price is or isn't
exploding higher, I mean, a reminder,
it was at 55K last July 4th.
We're now at 106 and change, right?
So that's a pretty good movement.
We're in a renaissance period where things like the, you know, the the
Pulte home inclusion for Bitcoin happens. And it's like, oh, it's
interesting for a half a day. And then we've moved on to the
next seven stories, four of them, which just happened
yesterday. It's really an extraordinary period. It is.
Well, it's going to open up so many different opportunities that didn't
exist before. I think recognizing Bitcoin specifically,
but really all crypto as an asset, right?
And allowing the banks to custody it without a liability attached to that
was the first move in a positive direction,
but it's really starting to
become recognized as the best collateral to hold against a loan. And specifically, look at what
Grant Cardone is doing and some of these other large real estate developers where they're injecting
Bitcoin treasury models into the real estate that they are acquiring.
That alone changes the trajectory and the upside of that piece of real estate and provides
a backstop to the loan that's being taken out to develop the real estate, unlike any
other asset.
And if you attach a net cash flow contribution to that Bitcoin treasury in the form of a percentage of your
net positive cashflow going into the treasury every quarter, you really have a growing savings
account that can quickly catch up with the debt number and accelerate the payback, accelerate
profit taking, accelerate the whole model.
So if you then say, okay well what's the
downside to that acceleration? Well it's like a you know five percent allocation.
So if it goes down by fifty percent you're down two and a half percent. It's
really nothing and it and it can very much be overcomeable. But the time that
Bitcoin has been able to produce like Michael Saylor had done in his
presentation that I think is the best verbal explanation for why every company on earth
should be reinvesting some of their profit dollars into Bitcoin.
Private, public, institution, pension fund, every entity that's a financial entity, he
makes a case for it.
And it's a very compelling case.
And the case is, is that its average return for the last 16 years is 79%.
And if you take that and you take that consistency and you compare it against every other potential vehicle, you have to be insane not to consider it at some level
for, you know, for your, as a some percentage
of your investment portfolio.
So I think we're at a day where not only
the institutions are seeing it,
but now retail is getting force-fed it through exposure that they're going to get
whether they like it or not.
For example, Coinbase being in the S&P 500.
Well, I mean, every retirement account in the-
Micro strategy soon.
Yeah.
So we're seeing this rising tide floats all ship, and the rising tide is inclusion in
Wall Street.
Wall Street is that rising tide.
And so we're going to see this
constant buy floor that's a part of that rising tide, and that's just money being placed.
And the allocation percentages are going to have to continue to meet minimum threshold.
So let's just say that's 5%. Well, 5% acquiring it right now would require a ton of money
if you're a big public company
that wants to do this type of a strategy.
Well imagine how much capital it's going to require five years from now.
So the later you get on the train, the more capital intensive that percentage allocation
is going to cost you.
And I think people are starting to see that and it's going to form some sort of a race here. But I think we're in the beginning stages of that race.
I want to kind of zoom in on something you were just talking about because as we see
those allocations increase and as we see people start to realize and as they start to talk
about it, that's going to put in a huge amount of buying pressure. We have Rick Edelman here.
I don't know if people saw this yesterday. I think we talked about it briefly. We did here. So most people here saw it. I mean, this is one of the largest financial advisors on the planet, manages 300 billion,
I think has 1.4 million clients.
So this is a big, big deal.
60-40 bond allocation model is dead.
Conservative investors should have 10% crypto allocation, moderate 25, and aggressive clients
should allocate 40% of their investments in crypto.
He's talking about your entire portfolio.
Owning crypto is no longer a speculative position. investors should have 10% crypto allocation, moderate 25, and aggressive clients should allocate 40% of their investments in crypto.
He's talking about your entire portfolio,
owning crypto is no longer a speculative position.
Here's where Tillman just said,
there's no logic to admitting an asset class
that's outperformed all others for 15 consecutive years.
And then at the bottom, Mike,
just puts the screws into financial advisors.
Are you a fiduciary serving your clients best interests?
Are you simply taking an, or are you simply
an order taker avoiding difficult conversations?
I mean, Andrew, listen, you were in the advisor space for 473 years.
Yeah.
So here's the context to that.
So if you take all the advisors in a country, let's say it's 5,000, the reality is about 65% of them
don't work at Morgan Stanley UBS
and Merrill Lynch and Wells Fargo.
They all work at independent slash RIA shops,
which is where Rick Edelman is at.
For those folks, 65% of all advisors,
Rick Edelman is Larry Fink for them.
He is what they all want to be
because he set up his own shop.
He built it to 300 billion.
That's an insane number when you don't have a Merrill Lynch
or a Morgan Stanley on your business card.
It's just, hi, my name is Rick. Let me take care of your money. And now I've got 300 billion under management. That is insane. So he is Larry Fink for financial advisors. And he has basically said, if you're not putting your clients into some allocation of Bitcoin,
they are now short Bitcoin.
That's the reality.
If you don't own Bitcoin, you are short Bitcoin.
If you're an advisor not having a conversation about Bitcoin,
then your clients are now short Bitcoin.
That will quickly turn into the Bible
For financial advisors over the next 24 months. So there are some big conferences that happen
Ladder part of this year and then into next year
Where Rick will be a big speaker blah blah blah
I'm telling you Rick is the Larry Fink for financial advisors and him saying this
and giving a full-throated endorsement of Bitcoin and crypto overall is extraordinary. It in and of
itself would have moved Bitcoin 15% higher three years ago, But, you know, Rick said that
and then Robinhood's doing crazy things
and Coinbase and MicroStrategy and Strike and Strife
and we can't keep up, right?
But this is where we're at.
Again, Renaissance for Bitcoin and crypto.
Okay, let's pretend that this is actually a news show
since you just mentioned a whole lot of things
and that we don't just go off on tangents
and talk about whatever we want on any given day
with zero prep.
I wrote a newsletter today that was literally
crypto news is booming because yesterday was one
of those days where there was just too much
to even remotely keep up with.
So obviously we had the MicroStrategy buy
another 531 million.
Now MetaPlanet up in the top five of public holders.
They have, I mean, insane. We can talk about five of public holders. They have insane.
We can talk about any of these given things in a moment.
Solana ETF with staking set to begin trading Wednesday.
We've been seeing and wondering if Ethereum would get staking
for like two years and all of a sudden
we don't even have Solana ETFs
and here comes a Solana ETF with staking.
Okay, wild.
Then we have fun strats Thomas
Lee, the bull of all bulls saying Ethereum is the new
Bitcoin. Coincidentally, he's now working with bit mine
immersion technologies who used to be a Bitcoin miner and was
putting Bitcoin on the balance sheet fully switching to now
begin Ethereum. Stakers who are going to put Ethereum on the
balance sheet. He's working with them. Okay, I wonder if that 250
million has anything to do with these comments. I can't say
officially, this is what he said. The financial services
industry and crypto are converging and it really started
with stable coins, which is the chat GPT of crypto because it's
viral adoption by consumers, business banks and now he reads
Visa. I agree. underneath the stable coin industry is
Ethereum, that's really the backbone architecture of stable coin.
So it's important to create a project
that accumulates Ethereum to essentially protect
and have some influence on the network.
Hey, I'm not done because Robinhood,
which I was supposed to go to and now feel really dumb
for not going to in Khan.
But I was like, I interviewed Vlad with you guys
like three weeks ago, I'm not gonna fly there.
Then all of a sudden it was like Vitalik and
Vlad. Oops. And they had like drone light shows over a castle
like my friend was sending me I was like, Okay, fuck you. But
so here you know, if and soul staking now available to us
customers on Robinhood. This was all announced in one day.
Robinhood announcing the launch of perpetual futures this summer
in the United States coinbase also launching
perpetual futures at the end of this month. So that's full bit
next coming to the US right the original potential futures we've
never had those products. Robinhood has launched
tokenized US stocks ETFs in the EU. By my count. I think
Coinbase doing that I know Kraken is doing that I know
Gemini is now doing that tokenized stocks they'll be able
to trade all the stocks. Right? I mean, should is doing that. I know Gemini is now doing that. Tokenized stocks, they'll be able to trade all the stocks.
Should I keep going?
I don't even know.
The fact that, here's something interesting.
Everything that happened at Robinhood,
Vitalik was there and they did an interview with him
and it didn't really crack the top five things
that got talked about, given what Robinhood announced.
That is mind blowing stuff.
That really is mind blowing.
Vitalik is there with Robinhood doing an interview
about their work with ETH
and they're like, nobody really talks.
Whatever.
Yeah.
Because HCC is happening.
There's this funny looking guy
that knows something about crypto,
but we got other more important stuff we're talking about.
I wanna talk about the Tom Lee thing
because it's interesting what he said
about Ethereum being underlying for stable coins.
So first of all, we know that stable coins
are proliferating on multiple chains.
Actually, there's more stable coins on Tron than Ethereum.
Excuse me, more Tether on Tron than Ethereum
because I don't think UC is there so entirely.
I mean, there was also a Robinhood announcement,
by the way, they were doing all of this on Arbitrum,
which is like, okay, so which came out of nowhere.
But he's saying that you need to basically go all in on ETH
because of stable coins.
I think I like ETH, but I think he's wrong.
I think now that Circle is trading publicly,
like people aren't buying Ethereum to get exposure
to stable coins when stable coins are everywhere.
I just don't think that you gain the value of stable coins
by buying ETH necessarily.
Everybody's got to pick a pie.
And there's, you know, some people that like
to go after bigger pieces of smaller pies.
And some people like to go after bigger pieces of smaller pies, and some people like to go after
smaller pieces of bigger pies.
ETH is a smaller pie than Bitcoin,
and there's a lot of people that have
material stakes in the pie,
and there's a reason why they're building on it
because they own a lot,
and they have a lot of liquidity
that can be pumped into projects to build on
those chains. And so will ETH emerge as the victor in smart contract layer one
protocols? I don't think so, but it depends upon what use case. I mean if you
think about the ICO days, it did a wonderful job of allowing the markets to kind of speak and those,
the amount of projects that came out, the success of those projects, the amount of
capital that those projects pulled into the crypto space was all a material
change in the markets. It was the Wall Street back then, literally. It's what
provided a lot of liquidity for the price movement that we all recognized during those
time periods. And so do I think ETH is a good play? Yeah, I think ETH is a good play, but
I think ETH is a good play because it's in the top five and again, the rising tide floats
all ships. It's like there's going to be a lot of liquidity that's traditional liquidity that's in the trad fi space that's going to bet on every horse.
That's the name of the game when you have that much money is just diversification.
And ETH is going to catch a lot of that. And I think if you have enough position of ETH,
could you make up for, or could you time it correctly to make
a lot of money?
Yeah, I think there's an opportunity there.
I don't think there's anything wrong with doing this on ETH.
I'm just saying specifically that quote.
I think the premise is slightly off because I don't think that's the best way to make
money on stable coins.
I agree with you 100%.
Well, again, going back to Robinhood's announcements, right? They have Vitalik there because they're building stuff on ETH
But when it comes to Robin Hood's own layer base layer that they're gonna build on it's arbitrum
right, and so like what I mean to I
just
Again, it's it, it's mind blowing
what was announced yesterday.
That's like a quarter's worth of announcements for crypto
for Robinhood yesterday.
Here's what I find-
By the way, if you deposit crypto into Robinhood right now,
they give you flat out 2% bonus.
Yeah.
If you deposit, if you just take your crypto from wherever,
I'm not saying you should, by the way, but up to you.
If you deposit a million dollars into Robinhood right now
in crypto, you just get 20,000 bucks for free.
It should be noted that there is an epic battle brewing
between Coinbase and Robinhood.
That's gonna play itself out over the next three to five years.
Swap for a score against Stanley of the future.
Yeah, there's no doubt about it. And given the scale of
customers, so let's assume at this point that, you know, round
up just a bit. Robinhood has 30 million customers, and Coinbase
has 100 million. Like, juxtapose that versus like JP Morgan and
Bank of America. So JP Morgan has 80 million customers, Bank of America has 60. Think about
how close those, you know, tech organizations are to those 200 year old brands. Like, it
is kind of stunning. And it's if you're sitting, you know, at executive level meetings for
Bank of America, or doing the same with
JP Morgan, what are you talking about? If you're not talking about the competition,
eating your lunch with these types of companies, it's only a matter of time until an enormous
amount of capital and customer base
migrates somewhere else.
It's an extraordinary story.
The next three to five years associated with the kind of
plate of spaghetti that turns into banks, also exchanges
and crypto exchanges and banks, and they're all doing
the same thing, and who wins? Man, that is quite a story.
I'm chat GPTing these numbers pretty astounding.
So Robinhood's 25.2 million funded accounts.
So I think you're right actually about them having 30, I think 25.2 million.
And they have 193 billion assets under management end of 2024.
So Coinbase has four times as many users, which is astounding 105. But 334 billion
as of Q1 2024. So it's probably a lot higher. But like Robinhood
as a quarter of the customers, but more than half of the assets
under management, which is big, but then you go to JP Morgan 71
million digitally active customers. And Bank of America
only 69 million. I don't think I realized that Coinbase actually had much more active and many more active
customers than JP Morgan and Bank of America.
That is a story that hasn't been told enough yet.
We just stumbled on it on a talk we were having a couple of weeks ago because I just thought
to myself, you know what, a 100 million, that's a lot.
Like what does JP Morgan have?
And I looked it up and I said,
holy smokes, it's more than JP Morgan.
Now the assets are much, much different, right?
JP Morgan assets versus Coinbase assets.
But again, what does JP Morgan actually offer
that's significantly different than Coinbase now. Okay, maybe a
little more lending, some commercial lending, some mortgage-based lending, all
that stuff. But that's all gonna happen on Coinbase at some point.
That will all happen on Coinbase at some point. I mean, heck, if Circle, by
the way, is applying for a bank license, I don't know, Coinbase kind of is in bed with
Circle. How long is it going to be before Coinbase has a bank license? And they can
do all of those things.
Well, the whole point of the integration of the TradFi and the crypto space is that you
have seamless liquidity pools that now are all connected and so you can flow you can
take money from any market to any market basically the snap of your fingers
instant settlement instant liquidity instant activity and so that what does
that do that well that just drives the MTU value the monthly transactional
using user value through the roof transactional user value, through the roof.
If people have more flexibility and they have more ability to trade across different markets
any time of the day, the brokers are going to make more money.
So there's just this natural evolution of markets that we're at the bleeding edge of
and we're getting to see happen right before our eyes.
But I don't agree necessarily that these legacy companies
that don't adopt the curve right now are dead in the water.
I think we're gonna see a huge period of time
of acquisitions.
I think the people that are the most prudent legacy,
financial institutions can just enter the game by buying some of
these crypto.
That's what Robinhood is doing.
They bought one in Canada.
They bought Bitstamp.
Coinbase has bought.
Yeah, I mean, this is the way.
Don't reinvent the wheel.
Listen, I spoke with somebody at Morgan Stanley the other day that said that there's significant
rumors coming out of that company that they're going to make some
sort of crypto acquisition.
So that's another version of this over the next, you know, 18 to 36 months.
Like, like that absolutely will happen.
Like there's, there's no reason for that not to happen.
Um, so I,
it's exciting because I've even seen, and it's important to kind of note these things
because we've been in the space long enough to where it's just second nature to us.
But do you remember how dry the capital markets were after this last pop in terms of like
when FTX crashed?
There wasn't a dollar to be placed in the crypto space.
Not one hand was out. In fact, everybody was cutting.
Everybody had capital calls that were coming in that were the big funds. And that spigot stayed
off for years. And now you see that spigot being turned on in spades, like full blast is much money
that can pump into the space as possible.
And then you see the front runners
of that spending contest and acquisition contest
being like the ripples of the space
who weathered the storm with huge bags
that now can turn that into gunpowder essentially.
Huge bags.
Huge bags, yeah.
Huge, huge, huge bags. So you mentioned the banking side of it, Andrew. Obviously, I think we know that
that's the direction everybody's going to go because to be a bank gives them exponentially more
power. We saw, I think there was an April Robinhood announced, and by the way, Vlad corrected me right
in front of you guys. So I said, hey, you guys are becoming a bank. I think he said, no, we're
providing private bank services,
checking in savings accounts.
It's obviously in a partnership with another bank.
Coinbase, we know we'll do the same, but this has been out.
Circle applies for US National Trust Bank Charter
after mega IPO, right?
So like, why depend on a bank if you're a stable coin,
if you can be the bank when you're a stable coin?
This is the trend.
Yeah, so there's a long line outside the door of the OCC right now.
That's the officer of the Comptroller of Currency, which is for the Fed. That's where you go to get
your banking license. And Circle, there's others, you know, talk to Caitlin Long. She knows there's
a ton of exchanges and crypto companies that are going, that are attempting to get
bank licenses.
And again, there's a reason for that.
Leverage, lending and the like just completely explodes when you have access to everything
and anything associated with, you know, United States banking structures.
So that's going to happen. Those will be so for example if
you're an exchange that goes public say it's a Gemini or Kraken or something
else and then you know you talk about your exchange you talk about MTUs you
talk about stuff well that's gonna wear off at some point over a three six nine
month period after your public. What's the next thing that you have to do that says, oh wow, here's another reason to own the stock. You announced that you've now
got a banking license and you can do all kinds of banking stuff, which means you're going
to make more money. So of course, all of these organizations that are in line to go public
are also in line at the OCC door saying, hey, can we have a banking license?
Again, Renaissance of Bitcoin and crypto,
that's where we're at.
All of these things are happening.
Things that looked like science fiction
when science fiction writers write it
end up being reality, right?
It's like you watch old science fiction
and it doesn't take, you know, you look at Kraken.
Kraken did this years and years ago.
They saw the future.
This is an inevitable evolution
of the financial services industry.
And I think Vlad's just being real careful
because you know, you can't be a bank until you're a bank.
But I think it's inevitable.
I don't think that you're gonna,
I think the headwinds of regulation made this seemingly impossible
up until this last administration change. And now those headwinds are tailwinds. And
I think they're going to let the markets discover what the functionality and the capabilities of
this technology really mean to America. And that's going to be a really good thing because we're going to see an entire shift
to crypto-based infrastructure.
And that's a huge improvement that, again,
allows a lot of liquidity to come into the network
that otherwise couldn't.
Greatest Freudian slip, he said,
we're going to see entire shit, an entire shit.
Yeah.
Well, between that and move your noodle, I mean, we're on see entire shit and entirely. Well between that and move your noodle I mean we're on a hot one.
I could have left move your noodle on the sidelines to be honest.
You couldn't because you're like me and you're actually 14 years old on the inside.
Couldn't just let it be.
Speaking of infrastructure and Bitcoin and all the things,
Trump backed American Bitcoin raises 220 million
to buy Bitcoin and mining equipment.
So we'd seen announcements that the sons of Trump
were starting a mining company with God knows whoever.
220 million is a pretty big number
for buying Bitcoin and mining equipment
just to get started at this point in the cycle. Yeah, yeah. whoever, 220 million is a pretty big number for buying Bitcoin and mining equipment just
to get started at this point in the cycle.
Yeah.
Yeah.
I'll let the mining guys talk about that.
Don't make me seriously shaking your head because listen, I'm not saying the top's in by any
chance, but I remember all the miners last cycle who like 50,000 Bitcoin, 55,000 Bitcoin
were piling in buying miners at effectively a five to six X premium
to what they could have.
By the time these miners are bought and online, it's going to be interesting to see where
the market's at.
I mean, that's why Core Scientific, which survived through some very creative financing,
they basically were going to be bankrupt because they bought a shit ton of $20,000 miners that
were $2,000 miners a year later.
Couldn't get them online until Bitcoin was $20,000 instead of $69,000. That's how this works. Well, the hash rate, the functionality of these pieces of equipment, the ASICs,
it's exponential. It grows so quickly that if you get your order of miners at the wrong time in the epoch,
they can't produce you money especially compared to another mine that
has the new state-of-the-art version of the ASICs. And so the best way to
describe it is that depending upon when you get your order and get them
online will completely change your outcome from a
net positive to a large net negative.
And they because the, the technology progresses so quickly and it's an arms
race, the more hash rate you have in the system at any given point in time, the
larger the return in terms of Bitcoin that you get paid.
Um, and so as that percentage dwindles
with your outdated machines,
they become more costly in terms of the power
that you have to produce to consume to run them.
And so what I would say that I like about this headline
is that he's gonna learn all this stuff now.
And I will tell you, like, we do need to understand
the mining industry for national security interest alone.
Like, if we're gonna have a Bitcoin treasury,
we need to understand the network that supports the treasury.
And mining is the best way to understand
the Bitcoin network, in my opinion.
And it's accessible to everyone,
and he's gonna find out all of the things that I know about,
and people that are way smarter than me know about the mining space that need to be addressed,
like the concentration of where ASICs come from, like we need domestic manufacturers
that are producing mining equipment here in the United States. He's gonna find that out. Why?
That's what they should build.
Well, that's really what they should build. But that's where if he's so interested in
solving problems and this money is going to not be as efficiently spent as the next tranche
will be and the next tranche and the next tranche, the good news is he's going to find
out a lot. It'll be a highly valuable educational exercise. Yeah I absolutely agree there. Go ahead Andrew.
You know all of this, there's enormous amounts of money pouring into
Bitcoin in the crypto space just writ large. There's billions and billions
and billions just in the past six months.
ETF inflows, treasury companies, BlackRock's Biddle portfolio, and on and on and on.
I would suggest that the institutional money, the retail money, certainly the institutional
money, they're probably just going back on a daily basis when they make these decisions and they're just replaying what Larry Fink has had
to say in the last nine months. What if Bitcoin even begins to approach the
mortgage market over the past 40 years? You know what, if everybody just gets to
one or two percent in their portfolio with Bitcoin, we're at 500 to 700k. So all the
quote unquote smart money is thinking, if Larry Fink says it, it's probably going to
happen. So do I want a five to seven X on my money over the next three to five years?
Yes, thanks, I'll take it. How do I get involved? How can I get involved on the lowest floor possible? Do I put my money in
American Bitcoin and get in at $2 a share before it goes to an IPO, blah, blah, blah, just like Circle
did, and now I'm adjacent to Bitcoin, but I'm making more than 3 to 5X? That's the reason why
all of this is happening. There's a base layer of trust with a guy like Larry who is effectively, you
know, projecting where things are going to be over the next five years.
I think the thing that you just said that's exceptionally important is, is
people are saying, how do I get involved up until this point?
There hadn't been very many ways to get involved.
And a lot of people are precluded from those.
Like there's a lot of big money endowments
and big money companies that have charters.
They have to abide by it.
They can't just go willy nilly and go, you know what?
We got a great hankering.
We're gonna go put 3% of this into Bitcoin.
We're gonna hold it cold storage.
And hey, Bob, you wanna hold it for us?
You write down the keys. And like like it doesn't work like that.
There's there's too much risk in in fraud and in loss and just, you know, all sorts
of risks that then become injected in their model that don't exist now.
So now you have all these instruments and all these products that are being created
and rolled out by the Larry Finks of the world, by the
arch publics of the world that are helping people acquire Bitcoin, helping them get exposure
to Bitcoin that they otherwise couldn't because the vehicles did not exist.
The opportunities didn't exist prior to kind of this last surge of growth in the market. And I think that's indicative of, you know, any time you suppress natural demand, you're
going to see this explosion at some point of growth.
And I think that the builders of our industry were busy at work during the Biden administration,
but it wasn't, there were very few launches because the headwinds were too strong.
And then now you're seeing this like unlocking
of all this built up, pinned up,
not only demand, but also productivity
during that time period.
You're seeing the people who have set up the infrastructure
ready to see the people use the infrastructure
and that collide of activity is making a new
market the most exciting market to be a part of that exists.
Like I can't look at another financial market that doesn't, you know, envy ours right now
is the point.
Yeah.
If Robinhood would have done that, that whole thing yesterday, two years ago, they'd have
gotten like six Wells notices
Like that that would have happened right they'd have been like hey, you know what we're gonna put you out of business We hate you and now they can do all of that because there's this huge highway that they can drive on so that extraordinary stuff
Yeah, so so pivoting since we're talking about exchanges and we were like, hey, what can we what should we talk about with Archipublic today?
pivoting since we're talking about exchanges, we were like, Hey, what can we what should we talk about with Arch Republic
today? And somehow these three mega brains weren't like, hey,
we should probably tell people that you can use it on crackin
now. Yeah, yeah, that's correct. Can we literally not one of us
was like, we should talk about we should talk about that. Like
we have incredible trades talk about all the things it does.
But like, just passively, hey, you know,
well, it's like we just got finished saying it's all about inclusion
and it's all about access and, uh, Kraken is live now.
We have some customers trading it.
It is brand spanking new still in beta.
So if you're a Canadian customer specifically that have been waiting for,
um, something that you can utilize our software on. Kraken is that.
And so you can come over right now
and we'll get you set up and get you working through
all of the different things that need to be done
before you're up in live trading.
And by the time you're up in live trading,
it'll hopefully be out of beta
and you'll be ready to rock and roll.
And we can talk all day long about performance,
but it's unsolicited customer commentary
that tells the story.
I did that.
I didn't even know to do that,
but I did it because I had it.
That's what you're gonna refer to.
Have you ever heard of that or did I miss?
Did I just celebrate for no reason?
This is a customer of ours.
They've got an anonymous account.
I don't know who this is, but it's somebody that's been using our tools with XRP.
And when XRP dipped back when there was a dip a couple weeks ago, bought at 196.
And then when XRP popped and it sold at 229 or whatever the number is there, now where
are we at with XRP?
218, right?
So we went from 229, 230,
and then quickly back down into the teens.
But again, the algorithm sniped that trade right there.
Just extraordinary stuff.
And so when customers and clients are seeing it
and they have to go to social media to say, this is
extraordinary stuff. Like, you know, that proverbially that
that moves my little as they say, you're going to be able to
after a one hour session with our team members, set your own
parameters and you're not going to be lost and in the dark when the algo triggers.
You're going to know exactly when it's going to trigger because you're the one that set the parameters.
It's a very empowering feeling and it's something that you know seeing is believing.
That's why we've made it free for you to use and we will spend as much time as needed to help you get up and running and getting that experience that we have personally had
and that we're excited about sharing.
It really does kind of change your notion.
And here's the simple thing that you should ask yourself.
And if it's not the case,
then you should at least come talk to us
and use the free product,
which is, am I selling on giant green candles consistently? And am I selling on giant green candles consistently and am
I buying on giant red candles consistently because that's really if
you're DCA into any position long term buying the dips is the name of the game
so this software helps you define in your own terms what is a dip to me and I
want to set a set parameter to where I'm buying those.
And so you don't have to be awake.
You don't have to be sitting at your computer
to execute those trades.
You've set those parameters in advance.
And when the market presents the conditions
that execute the trades, the automation execute.
Also-
Real quick, Andrew, real quick.
You guys said we get to talk to someone there.
Is it going gonna be Todd?
That's absolutely right.
That's absolutely right.
By the way, if you wanna-
Look at that style.
His butt's not even in the chair.
Oh man, outstanding.
He's got a hot upper leg.
There's another video from later in the day
that's even better, but we'll share that.
I'll do it.
Sorry, that's back to the serious stuff.
One thing that's important,
if you want to use our tools in a tax-advantaged
or tax-free way, we work with Directed IRA.
So if you wanna take your IRA funds,
overlay our strategies and your ability to turn the knobs
and dial in exactly what you wanna do
and not have to deal with taxes
while everything is happening.
We work with directed IRA.
Our team will set you up,
get a directed IRA person on there.
You can even pay via your IRA,
consult a tax professional and all that stuff.
But we are just going to continue to announce
and announce and announce.
Gemini.
I'm telling you this, so I can go flip my IRA,
which I existing IRA and E-Trade wherever, you know.
Wherever.
Flip it into directed IRA, which is a self-directed IRA
and utilize ArchPublic completely tax-free
because I'm trading inside my IRA.
Absolutely.
And I didn't even know this, like you guys,
we gotta get better at announcements.
Yeah, so people of scale that use our strategies,
they ask questions like, well, what about taxes?
Because I'm accumulating,
but I'm also generating cash yields.
So like, well, we're not accountants.
So you gotta talk to your account about that.
But that even takes this conversation out of it.
So, okay.
No taxes.
Yeah, just take your IRA funds,
make the switcheroo to direct IRA and you can use our tools like crazy. So it's an extraordinary
partnership and something that people have been clamoring for in a big way. Well, I mean, there's
day trading is taxed at the highest tax rate. And when you can day trade inside your IRA
and take advantage of the volatility of the market
through these tools, it makes for a compelling story
because all of that is now tax free.
Yeah, it's wild.
So how do people get set up, start to participate, do all the things?
Go to our website, archpublic.com, click on any one of the Bitcoin or crypto specific algos,
get started for free is the great place to start and enter your information and one of our team
members will reach out and help you get set up. And the first order of business is to,
you know, you could open up an exchange at Gemini
and or Kraken at this point.
If you have one of those, then you're ready to go.
And the only thing that's needed next is to schedule a time
with our team member to help you get set up
and understand the features and the functionality of the...
Just to be very, very clear,
even if you sign up for a free account and you
need assistance from a service standpoint,
we will service you like crazy.
You don't have to be a paid concierge member to
get extraordinary service with ArchPublic.
You're going to get a hold of a human.
When you schedule a demo and you schedule some service time with us,
there will be humans that show up and talk with you,
walk with you, set up with you,
do all the things to set you up.
We wanna be an outlier associated with crypto
in this industry to where we service you
and you can get a hold of us.
Right, you mean not scamming and somewhat helpful.
Oh, right, exactly right.
Well, listen, I think for the longest-
High bar crypto, yeah.
It's really, really hard to get a human being on the phone
in any of the crypto space.
Yeah, and it's frustrating because if you could just spend
five minutes with somebody and ask the questions
that you have, then you can get a lot further
in your journey quicker.
And so we are there to help.
This, you know, trading is somewhat complicated
in most traditional senses.
And I think there's a lot of people
that assume this is difficult because it involves trading.
That's the point of automation.
It makes it very, very simple.
So we can show you how to
make it simple and we can get you set up and then you will feel exceptionally empowered to do it on
your own. So we're here to help. There's my favorite person in the comments right now.
When can we trade meme coins on Arch? But then he says defund the IRS, which I like. He says,
I'm just a troll. I use the product. At this point, I don't think it's a rug pull.
See, high bar, very high bar.
I use it, I thought it might be a rug pull,
but at this point, maybe not.
Just in that, just in that.
This does not have any of your,
they don't have any control of any of your money.
Yeah, we're not.
I'm saying we, I'm saying we instead of they now,
by the way, because I'm a very powerful equity holder
and my vote counts.
Yeah.
I'm sorry.
One last thing to add, we added SUI as an asset associated with Kraken.
So you can now use our tools and our strategies with SUI as well as Bitcoin, Ethereum, Solana
and XRP with Kraken.
In true crypto news fashion, we've got so many good things to talk about.
We forget to announce all of these great announcements,
but we are constantly developing over here.
We want more inclusion and more symbols.
I mean, literally I was like,
hey, let's, you know, once we talk about it,
you're like, well, there's this great XRP trade,
let's bring up the thing.
In the meantime, you can now trade using
ArchPublic tax-free in your IRA. Oh, by the way,
and for those of you who have been bitching that you can't use
the thing wherever you are, because it was only Gemini. Use
it now. Those are things that should have been on the radar.
Maybe we're Andrew, you're wonderful. But maybe we need a
marketing guy.
Yeah, yeah, that's true. Yeah, maybe. I agree.
I agree. I agree. Yeah, we've got lots and lots more announcements to come from us. We
simply want to allow everybody to use institutional level tools at a retail level so that you're on
the same playing field as, you know, the Bitcoin treasury companies that are using tools to acquire, acquire Bitcoin.
You should be able to do the same.
If you ask yourself, you know, the thing that we started with as a central premise to this
tool was that we all, every single person in the company down to a person, all have
this feeling of, boy, I wish I had bought when I had found out,
or boy I wish I had bought a little bit more here,
or boy I missed that dip and it really cost me.
There wasn't one of us that said,
man we have enough, I'm done,
I think that we're finished accumulating.
And so that premise of like,
I want to set goals for myself as it pertains to the exposure that I need in this asset class.
Those goals are hard to achieve without a lot of time, effort and discipline.
This is a tool that takes all of that off the table for you and allows you to set it and forget it and achieve those goals. So it's something that again to Andrew's point is it's been traditionally only available in the
institutional space because everyone builds it specific to their platform
and they don't want to share it because they like you to put your money with
them. We do not hold your money. Your money stays on Kraken or on Gemini or on
any of the exchanges that we're about to integrate with.
And you just are using our tools through TradingView
and an API bridge to get that done.
So we can help you figure that out.
We can help you get set up,
but it's completely user-driven software
that's gonna leave you feeling very enthusiastic
and excited and empowered.
Those are all the things I feel right now
talking to you gentlemen.
I told you, talking to you gentlemen.
Told ya, movement, movement is the thing.
I don't even know how I literally get through the other six days of the week without this
being my morning.
I literally cry when Tillman doesn't show up.
I cry when Tillman doesn't show up.
I don't do it on camera but it's rough man.
We gotta have more meetings or something you know? We gotta have meetings. I cry when Tilman doesn't show up. I don't do it on camera, but it's rough, man.
We gotta have more meetings or something, you know? We gotta have meetings. What's the next event? What's the next, I know, I'm just now talking, but like what's the next event?
Uh, September. September. We're gonna have a concierge program event, invite a bunch of
clients out, and we are gonna go back to Vegas because I have got Tillman addicted to racing
GT3 RS's and Ferrari's. I missed that you guys went out for the car experience. You left early
Scott I can't help you okay you you let you leave. I had to move to be fair I had to literally move.
No but I will tell you this.
If you haven't done it, this is not a paid promotion, but they have a deal out of the
Las Vegas Speedway and it's a business that allows you to drive supercars like you would
never drive your own.
And there's a pro driver in the seat next to you.
And it was one of the most fun, if not the most fun I've had as an adult.
It is an absolute kick in the face.
So if you haven't done it, do it.
Yeah, move your noodle.
Indeed, indeed, indeed.
God.
You guys are taking your clients out in GT3RS?
Drew, maybe you should have said it could be a scam
and you just want meme points.
What a bust.
Okay guys, well I think we've beaten this to death enough.
Go to Kraken, IRAs, all the other,
I can't even wait for the announcements next week.
Maybe at the, I'm coming, so by the way, get ready.
Because I'm not missing that this time.
But we're gonna go do that, and then we'll have like a Robin Hood conference.
We'll make like seven announcements from the cards.
Awesome. Yep, absolutely awesome.
Done deal. All right guys, check out archpublic.com for all the things we just discussed. Thank you to Tillman and to Andrew as always guys. It's a pleasure.
See you next week.
Bye guys. Let's go.