To The Moon

🌟🌟🌟The Crypto world woke up to a jolt today.  Just hours after President Trump confirmed US airstrikes on Iranian nuclear sites, Bitcoin slipped below the psychologically critical USD 100,000 mark for the first time in over a month.  The broader crypto market followed suit, shedding nearly 7% in a single day.

With geopolitical tensions escalating and market sentiment turning sharply risk-off, investors are left wondering -  Is this a golden dip buying opportunity or the start of another Black Monday?

The Fallout 

Bitcoin's drop to around USD 99,300 came amid a wave of liquidations and panic selling.  Altcoins like Ethereum and Solana took even steeper hits, with some cryptocurrencies plunging almost 10%.

Analysts are split - some see this as a temporary correction driven by fear while others warn of a deeper slide towards USD 94,000 or even USD 90,000 if tensions worsens.

Yet history offers a curious counterpoint.  In past geopolitical crises, Bitcoin has often rebounded sharply after initial selloffs.  During the Ukraine conflict in 2022, Bitcoin surged 42% in just over a month.  Could this be deja vu?

What to Watch 

Support Levels - Key support lies around USD 97,000.  A break below could trigger further downside.

Market Sentiment - The Crypto Fear and Greed Index has changed to "Neutral" signaling uncertainty.

ETF Inflows - Despite the chaos, US based Bitcoin ETFs continue to see strong inflows, suggesting that institutional confidence remains intact.

Crypto Stocks and ETFs to Consider 

Strategy$Strategy(MSTR)$  is essentially a leveraged bet on Bitcoin.  While it is technically a business intelligence software company, its CEO Michael Saylor has famously transformed it into a Bitcoin holding vehicle.  As of June 16 2025, Strategy owns 592,100 Bitcoin.  The company said that the average price per bitcoin is USD 66,384.56 with a total cost of USD 33.139 billion.

This massive stash of Bitcoin means that its shares tends to move in sync with Bitcoin, amplifying both gains and losses.  If you believe in Bitcoin's long term trajectory and can stomach volatility, Strategy is a high risk high reward option. 

Coinbase 

Coinbase $Coinbase Global, Inc.(COIN)$  is the largest US based crypto exchange and a key infrastructure player in the digital asset ecosystem.  It earns revenue primarily from trading fees, so its performance is tightly linked to crypto market activity.

Coinbase also serves as the custodian for many Spot Bitcoin ETFs, giving it a strategic edge.  

Coinbase has rallied over 29% in the past week as it was fueled by a regulatory breakthrough and its deep ties to Circle.  The US Senate passed the GENIUS Act, a landmark Bill that lays our a federal framework for US Dollar pegged stablecoins like USDC.  This was a huge win for the crypto industry and Coinbase was one of the biggest beneficiaries.

Coinbase has co - founded USDC with Circle and earns 50% of the revenue from USDC reserves held outside its platform and 100% of the interest on USDC held directly on Coinbase.  With USDC's market cap now over USD 60 billion, this revenue stream is massive and still growing.

The iShares Bitcoin ETF

$iShares Bitcoin Trust(IBIT)$  is Blackrock's flagship spot Bitcoin ETF and it  has become a heavyweight in the crypto investment space since its launch in January 2024.

IBit is a Spot Bitcoin ETF, meaning it holds actual Bitcoin, not futures contracts.  This gives investors direct exposure to Bitcoin's price movement without needing to manage wallets, private keys or crypto exchanges.

Why It Matters 

Backed by BlackRock - IBit is managed by the world's largest asset manager and benefits from institutional trust and robust infrastructure.

Custody and Security -  Bitcoin holdings are secured by Coinbase Prime, a leading institutional custodian, using cold storage to minimise hacking risks.

Liquidity Leader - IBit has been consistently the most traded Bitcoin ETF since its debut, with over USD 150.97 billion in assets and daily volumes exceeding 35 million shares.

Low fees -  With a 0.25% expense ratio, it is competitively priced compared to other spot Bitcoin ETFs.

Performance Snapshot 

Price USD 58.67.  IBit is up 5.9% year todate and in 2024 it has jumped 73%.  52 week range - USD 28.23 to USD 63.70.

Who It Is Suitable For - IBit is ideal for investors who want pure Bitcoin exposure without the hassle of self custody and who prefer investing through a traditional brokerage account like Tiger Brokers.   IBit is also suitable for investors looking for a liquid, regulated vehicle to gain crypto exposure.

IShares Blockchain and Tech ETF 

$iShares Blockchain and Tech ETF(IBLC)$ is a Crypto Equity ETF.  It does not hold Bitcoin directly but invests in companies involved in Blockchain and Crypto innovation.  Its Top holdings include Coinbase, Marathon Digital $MARA Holdings(MARA)$  , Core Scientific, Riot Platforms, CleanSpark as well as Nvidia and AMD who are both key players in the crypto mining hardware.

The Top 10 holdings make up over 66% of the ETF, giving it a concentrated but high conviction exposure to blockchain leaders.

Performance and Risk 

IBLC is down 2.8% year todate and in 2024 it has risen 9.8%.

IBLC expense ratio is 0.47%.  Dividends are paid every 6 months.   The current dividend yield is 1.76%.

IBLC is perfect for investors who believe in the long term growth of Blockchain but want to avoid the direct volatility of Cryptocurrencies. 

Why IBLC Matters 

IBLC gives investors a diversified exposure to Blockchain infrastructure, mining and development.  It is a regulated brokerage friendly way to invest in crypto innovation and a hedge against picking individual winners in a fast moving space.

If you are building a Crypto themed portfolio, IBLC pairs well with Spot Bitcoin ETFs like IBIT.

Concluding Thoughts 

This isn't just a test of Bitcoin's price.  It is a test of investor conviction.  While headlines scream crisis, seasoned crypto investors know that volatility is the price to pay for long term gains. 

Whether this is a fleeting dip or the start of a broader correction, it depends on how the geopolitical chessboard unfolds.  

But one thing is certain - In Crypto, Fortune favours the bold and smart investor.  Smart Money doesn't panic in the dip.  It positions for the next breakout.

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