The pool of capital demonstrating the highest demand for BTC exposure is money market funds, short-term T-bills, commercial paper, and USD bank accounts. Short duration capital with low/no lockup that has been yield-starved in real terms for decades. $32.9 trillion TAM.
Dylan LeClair
Dylan LeClair25.7. klo 00.44
The Preferred offering with the shortest effective duration looks to have had the largest initial IPO. Extremely valuable datapoint.
9,77K