The host discusses Bitcoin's sideways price action despite ETF purchases and treasury company investments. He mentions that the ETFs hold 1.5 million Bitcoin. IShare Bitcoin Trust BlackRock Bitcoin ETF holds 3.5% total Bitcoin. He shares bitcoin's six-month rolling volatility has dropped from 60% at the start of the year to 30% today, JPMorgan says. JP Morgan says is digital asset is increasing attractive for institutional portfolios and Bitcoin's market cap need to rise 13% to match golds $5 trillion in private investment, adding up at about $126,000 and bitcoin currently undervalued by around $16,000. Finally there's a $5 billion dollar at-the-market offering from Kindly M.D. for a bitcoin treasury. This buying is going to increase the floor of here in the bitcoin market.