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šŸ‘€ 3 things you can't miss this week

PLUS: altcoins on sale

GM everyone. This is 2036. We scroll for gems all day so you don’t have to.

The Bitcoin ETF is here, a new trade is being set up, and some altcoins may soon be on sale.

Here’s a run-down of the actionable things I’m paying attention to this week šŸ²ā€¦

Let’s dig in.

1/ The Bitcoin ETF šŸ¦

On Wednesday, a Bitcoin ETF will likely be approved in the US.

When your cousin, grandmother, and Uncle Larry can all access the best-performing asset of the last 15 years as easily as if they were buying Apple stock - the whole game changes.

Up until now, Bitcoin investors were the odd ones out. Bitcoin was magic internet money used for money laundering, tax evasion, and fraud.

But this week, Blackrock, Fidelity, and Goldman Sachs will start promoting Bitcoin to all their clients. And it will eventually become a part of every diversified portfolio.

This is huge news.

Now - most investors are focused on the price action on Wednesday. Will Bitcoin go up, or will it go down?

No one knows. And frankly, it doesn’t matter that much. For what it’s worth - I think it’ll go up, but even if it doesn’t, it’ll still be the most important day in Bitcoin’s history because the floodgates will open.

Billions of dollars of capital are waiting for an ETF to buy Bitcoin.

We had 15 years to load up on digital gold. Now, the masses are coming.

Don’t overcomplicate this trade. Sit tight in Bitcoin, (Canadian) Bitcoin ETFs, or our favorite - $GBTC.

… but what if it gets denied?

Bloomberg ETF analysts put the odds of approval at 95%. But it could still be denied.

If denied, the market will react negatively.

But it will be a great opportunity to pick up assets you like because the case could go to the Supreme Court. If not this week, Bitcoin will eventually get an ETF. And if you’re a long-term investor (which you probably should be), that’s all that matters.

2/ The next big trade šŸ“ˆ

After the Bitcoin ETF, all eyes will likely be on Ethereum.

Ether will get its own ETF (probably in May) and will undergo a major upgrade this month. These are both big catalysts for ETH.

You could keep it simple and hold Ether to ride the trend for a few months. Or you can go further on the risk curve to capture even more gains.

We discussed exactly how to do that last week, but here’s the TLDR: $LDO, $OP, and $ARB will likely outperform ETH.

3/ Altcoins on sale šŸ›’

If Bitcoin becomes the big winner this week, it could suck liquidity out of other altcoins (cryptocurrencies other than Bitcoin). This means they could fall in price while Bitcoin goes up.

There is no guarantee, but if that happens, it could be a great opportunity to pick up some major altcoins that have cooled off a bit, like Solana or Celestia.

As the weeks evolve, I’ll update you if any opportunities stand out.

In the meantime, prepare for a big week ahead.

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