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'We have new high water mark for investment into one of the bi | Bitcoin

"We have new high water mark for investment into one of the bitcoin ETFs: two dif advisors each put in $20m to $FBTC, one is from Kansas and the other Minnesota. The % of portfolio is also pretty high at 6% and 5% respectively.

This is as Boomer as it gets. Likely a wonderful sight for those hoping to see long-term adoption and an absolute nightmare for the RIA Skeptics Branch of the Underwhelmers Club. We still have 5-6 weeks of more 13F reporting like this too. We could see 500-1000 firms like this reporting holdings once dust settles. And that's just one 13F season. There are 4 in a year."

- Eric Balchunas