Building Strategy For Bitcoin-Hesitant Investors: Willis

Building Strategy For Bitcoin-Hesitant Investors: Willis

So talk to us about why this specific blend, 75%, the S & P 525% Bitcoin. Thank you, Katie. Sure. In 2024, when this launched, Bitcoin had an up year and it's instead of 24 25% in the S & P 500 DB did 39%. So you got an extra 14% by having the blend. Conversely, last year, when Bitcoin had a down year instead of being down 7%, DB was up over 10%. So the methodology is sitting there for investors that are Bitcoin hesitant, crypto hesitant. They know it's there, they know it's an asset class they need to jump into, but they need a better structure, a little safer structure, more familiar for them to jump in. And I think the first people into Bitcoin came in over the last 15 years plus years and then they didn't care that it was an unregulated market. Last year, the regulated people came in and now you have the Bitcoin hesitant. So that's the reason for the 7525 methodology is just to provide a more stable base. But you have the crypto power. It's like a starter investment for people who are just exploring crypto, why Bitcoin futures and not bitcoin itself as the 25%. You know, we are converting to spot next week on this product, so we are moving over to spot it. Initially, we didn't want to take the cost risk. We felt like there was a lot of single company risk with Coinbase having the vast majority of all the coins and we didn't mind the tracking error from from from the futures market. But as we moved forward and as we're launching, four new ETFs are scheduled to launch shortly here with the same 7525 methodology. We decided as a company we wanted to move to the spot spacing and not have to worry about the tracking error from the futures. And so you think about when you launch this ETF at the end of 2023, it was a much different world when it comes to, you know, the average investors socialisation, education and acceptance of crypto. Now in 2026, just the start of 2026, do you think that there's still a need for this fund to sort of have this sort of handholding type relationship with people getting this crypto exposure? Sure we're still early, I think. If you look at if you look at Wall Street in terms of $100 trillion, about $3 trillion has come into the crypto space. So essentially you have you have 97 million, $97 trillion that are still sitting there. And there's a good chunk of that money that's going to continue to migrate into into the crypto space. So I think they they're the Bitcoin has it in. And actually the third wave, I see the first two waves as being the unregulated wave, the regulated wave, and now that third wave is the Bitcoin hesitant, which I think a majority of those happen to be financial advisors who take a little bit longer to warm up to a new asset class, but they're gatekeepers of 30 trillion in assets. So I think from a fiduciary risk standpoint and helping clients get in for the long run, we we believe bitcoin's headed to $1,000,000 over the next decade. So that's the long term play we want. We want our shareholders to be able to take part in that. And we think giving them the speed base is the smart play to do that. Very quickly, Mike, would you consider using ETHER like launching an ETF where ether would be part of the 25% instead of Bitcoin? Yes, we are. And so we filed for new ETFs that are set to launch shortly here, which is I'm imagining why I'm on today. But they you will see we have a 75, 25, 84, 75, 25, Solana, 75, 25 XRP, and then a 7525 crypto top ten.

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