Summary
VanEck just can’t catch a break. Its institutional bitcoin ETF has been delayed yet again, nearly a year after VanEck originally filed with the SEC. But Adam Sharp thinks the delay could actually be a good thing.
More than half of all existing bitcoins haven’t changed hands for a year. Adam and Andy Gordon discuss what this could mean for the market.
And JP Morgan is once again down on bitcoin, suggesting its intrinsic value is a much lower number than its current price. Adam and Andy respond by reminding us what’s really worth your attention.
If you’re interested in a particular topic, we’ve listed the time code on the right so you can skip directly to it in the video.
● VanEck bitcoin ETF delayed yet again (0:15)
● 10.5 million bitcoins have not moved since May 2018 (5:47)
● JP Morgan suggests bitcoin is overvalued (9:21)
● Price talk! (10:52)
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