2 of the 4 Best Performing Assets of 2024 Were BTC Related

The Breakdown

Blockworks

Investing, Business

4.8 • 806 Ratings

🗓️ 4 January 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

NLW catches up on all the stories from the Holiday, including the outperformance of Bitcoin related assets (and digital asset hedge funds) in 2024. Sponsored by: Ledn Need liquidity without selling your Bitcoin? For 6+ years, Ledn has been the trusted choice for Bitcoin-backed lending. With transparency, security, and trust at our core, we help you access your BTC’s wealth while HODLing. Discover what your Bitcoin can do at ledn.io/borrowing. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome back to The Breakdown with me, NLW.
0:09.3	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:18.4	What's going on, guys? It is Saturday, January 4th, and today we are catching up on everything
0:23.4	that has happened in the world of Bitcoin and Crypto over the last couple of weeks. Before we get
0:27.7	into that, however, if you are enjoying the breakdown, please go subscribe to it, give it a rating,
0:31.5	give it a review, or if you want to dive deeper into the conversation, come join us on the
0:35.1	Breakers Discord. You can find a link of the show notes or go to bit.ly slash breakdown pod. All right, friends, we are back here at the breakdown. Well,
0:44.1	sort of. We're doing one episode to catch up on everything that has happened over the last
0:47.6	couple of weeks and then starting back on Monday we will be back to our normal schedule.
0:51.9	Today we are going to hop, skip, and jump through a bunch of topics,
0:55.2	and of course, where we're going to start is with the best performing assets of 2024.
1:00.6	After a major drawdown to end the year, Bitcoin closed 2024 at 93,500. That means that it
1:06.4	gained 120% for the year, outperforming all major stocks other than Nvidia, Palantir, and Microstrategy.
1:13.0	Alex Thorne of Galaxy Digital wrote, despite the recent pullback, MicroStrategy finished
1:17.2	2024 as the best performing major asset in the world, with Bitcoin as number four.
1:21.7	Even on a risk-adjusted basis using the Sharp ratio, Micro Strategy finished first and Bitcoin
1:26.2	fourth. Two of the top four assets in
1:28.8	2024 were Bitcoin related. Are you paying attention? Maybe even more interesting is how Bitcoin
1:34.0	performed against leading private funds. According to a list from HSBC, the best performing fund of
1:38.9	the year was the exponential-age digital asset fund with 62% returns. This is a fund managed by Rao Paul that invests in leading
1:45.2	liquid crypto token hedge funds. The second best performance came from the Vanek Digital Assets Alpha
1:49.9	Fund with a 56% return. That fund invests directly in Liquid Cryptotokens. Ranked below these
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Blockworks, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Blockworks and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.