I sold my previous satellite holdings—an IT ETF and a healthcare ETF—and reallocated part of the proceeds to my core portfolio. The rest went into the Community Wikifolios:

3xGTAA from @Epi
$DE000LS9U6W1 (+0,4 %) - approx. 40k

US Momentum Leaders of @Krush82
$DE000LS9VVV3 (+2,08 %) - 5k

Global Momentum Leaders from @Krush82
$19021982 (-1,92 %) - 5k

While 3xGTAA doesn’t fluctuate all that much, we’re already seeing significantly higher volatility with the Momentum Leaders. But that’s actually the intended effect—even if we’ve seen some downward volatility so far.

Due to the recent swap of my last small $ETH (+1,58 %) position in $BTC (+0,88 %) , my satellite portfolio is now complete. In total, my satellites now account for 30% of my publicly viewable portfolio on getquin. Going forward, I’ll only be actively adding to the Core (though individual purchases in the Wikifolios aren’t ruled out). The satellites are tasked with compensating for the missing savings rate through higher returns (come on, Satoshi Nakamoto, @Epi and @Krush82 ).

I feel pretty comfortable with this setup. The satellite portfolios are “unconventional” enough to potentially generate significant excess returns. Their share is large enough to have a significant impact on the portfolio. The positions are low-maintenance; I don’t have to worry about a thing. At the same time, I can handle it if all the satellites drop to 0.

What do you think—will the Wikifolios (about a 9% share of the portfolio) eventually catch up to my Bitcoin (about 21%), or will Bitcoin remain king?

The revised rules finalized on October 15 by MSCI (a leading global index provider whose benchmarks are tracked by funds worldwide) for companies with no operating business (whose primary purpose is to hold assets) have heightened uncertainty among digital asset treasury (DAT) companies, which $BTC (+0,88 %), $ETH (+1,58 %) hold other tokens. Strategy and Metaplanet (a Japanese publicly traded company with a Bitcoin holding) were identified as potential candidates for exclusion, while $ETH (+1,58 %) SharpLink was placed on a watchlist. The final list is scheduled to be published on November 11, and the changes will take effect at the close of trading on November 30.

According to Strategy’s estimates, MSCI-related funds hold approximately 13 million shares. This corresponds to 3.1 percent of the outstanding shares (undiluted) and, at October 23 prices, a value of approximately $1.9 billion. In our view, the overarching significance for DATs lies in the potential implications for future financing. While an index-driven sell-off would not force direct sales of cryptoassets, weaker demand for shares could narrow the premium over the net asset value (NAV), which is what makes new share issuances advantageous for existing shareholders in the first place.

For Strategy, this underscores the importance of capital allocation. Since July 27, the company has raised $4.2 billion through the sale of common stock, repurchased $2 billion worth of STRC (Strategy’s preferred stock with a variable dividend and indefinite term), and, on a net basis, #bitcoin purchased an additional $447 million worth of shares. While the buybacks reduce the current dividend burden on STRC from 12 percent, they also tie up liquidity. Sustainable financing is thus becoming increasingly crucial for value creation. For shareholders, the key question is whether Strategy, like other DATs, can continue to increase the Bitcoin value per share while keeping the costs of the necessary financing under control.

$BITC (+1,07 %)

$CETH (+1,58 %)

Switzerland is sending an important signal to the crypto market. But what does this decision really mean for $BTC (+0,88 %) the financial market and us as investors?

THE NEWS

On October 20, 2026, the Swiss Financial Market Supervisory Authority (FINMA) approved the first publicly offered fund under Swiss law that invests directly in Bitcoin.

This makes it possible for retail investors to gain access to Bitcoin through a regulated fund. The provider, BIT Asset Management, announced that the Bitcoin Fund ETF, trading under the ticker symbol BBIT, is set to launch on the SIX Swiss Exchange in November.

This is more than just another crypto headline: it brings Bitcoin one step closer to traditional investment instruments.

1. WHY THIS DECISION IS IMPORTANT

Until now, investors could buy Bitcoin directly, hold it on crypto exchanges, or invest through various exchange-traded products.

A regulated mutual fund offers another avenue of access: Investors can invest through a securities account without having to manage Bitcoin wallets or secure private keys themselves.

This could lower the barrier to entry for investors who have previously stayed away for technical or organizational reasons.

Important: The fund is not a typical, broadly diversified equity ETF. It focuses on Bitcoin and is subject to special risk regulations under Swiss law.

2. WHAT DOES THIS MEAN FOR BITCOIN?

Three developments are particularly interesting:

Institutional acceptance: The more regulated investment products emerge, the easier it becomes for certain investor groups to integrate Bitcoin into their portfolios.

Access via traditional brokerage accounts: Bitcoin is becoming more accessible to investors who prefer to work with securities rather than their own wallets.

Increased competition: According to FINMA, other providers have already submitted or announced applications for Bitcoin ETFs. This could intensify competition over fees, custody, and investor confidence.

But be cautious: A new product does not automatically mean that large sums of money will immediately flow into Bitcoin. Actual demand, capital inflows, and the market’s future development will be decisive.

3. WHAT COULD HAPPEN IN THE COMING YEARS?

This is where the analysis begins—and where confirmed news ends.

Scenario A – Further Professionalization: Additional regulated products could simplify access for asset managers and retail investors.

Scenario B – Increasing Integration: Bitcoin could be viewed by some investors more strongly as a complementary asset class alongside stocks, bonds, and gold.

Scenario C – Disillusionment: Even with growing acceptance, price declines, high volatility, and weak demand could lead to significant losses.

None of these scenarios is guaranteed. Even positive regulatory developments are not a reliable price target.

4. RISKS THAT MUST NOT BE IGNORED

FINMA expressly warns of the high market risk. Even through an approved ETF, the invested capital can lose significant value.

In addition, investors should note:

• An ETF does not eliminate the risk associated with Bitcoin’s price.

• Fees and trading costs can reduce returns.

• Custody and operational security remain important issues.

• A regulated fund does not automatically guarantee capital preservation.

• Bitcoin does not pay dividends or interest on its own.

Investors should therefore consider not only the opportunities but also their own risk tolerance and investment horizon.

MY CONCLUSION

For me, this decision is primarily a regulatory and structural signal: Bitcoin is increasingly being offered in forms familiar to the traditional financial market.

The crucial question is therefore not just: “How high can Bitcoin go?”

But also: “How is access to Bitcoin changing—and what role should this asset class play in a portfolio over the long term?”

Switzerland is adding another interesting piece to this puzzle. Whether this will lead to rising prices remains to be seen.

NOW I’M CURIOUS TO HEAR YOUR OPINION:

Would you rather hold Bitcoin directly in your own wallet or through a regulated ETF in your securities account?

And do you think such products will attract more institutional capital in the long term—or is their impact on the Bitcoin price overestimated?

#Bitcoin
#Krypto
#ETF
#Finanzen
#Investieren
#Blockchain
#Börse
#Vermögensaufbau
#getquin
$ETH (+1,58 %)
$SOL (+1,34 %)
$PEPE (+2,47 %)
$XRP (+2,29 %)

Actually, I didn't want to do that—buy Bitcoin again. But I still had a little something $ETH (+1,58 %) I just couldn’t bring myself to part with. With an eye toward a potential holding period, though, I decided to trade my last ETH $BTC (+0,88 %) .

While I was at it, I also cut ties with Binance. It feels good not to have anything left on exchanges. Not quite as good as it was before all those hardware wallet “hacks,” but still good.

But man, have you ever withdrawn anything from Binance? It’s insane. Confirm with a passkey. Confirm with an authenticator. Let the camera film your face (without glasses—it was really hard to follow the instructions while half-blind). Answering tons of questions. Checking a zillion boxes. Insane.

I used TR’s bank transfer feature for the first time yesterday. That was pretty wild, too, until they finally let me transfer money. But not quite as wild as with Binance.

Well, everything’s fine now.

Quick—let's exchange that last shitcoin before the holding period ends 👍

Despite a slight consolidation, $BTC (+0,88 %) dominance remains elevated at 58–59%—well below the mid-2025 high but clearly above the lows of 2022–2023. The 3-Month Altseason Index also confirms this picture: It mostly hovers below the neutral mark of 50 and rarely manages to sustain a level above 75—the threshold for a true altcoin season. Since 2023, there has been no clear regime shift, only brief phases of increased risk appetite for altcoins.

Last week’s recovery is noteworthy given the headwinds that preceded it: The CLARITY Act failed in the Senate on September 15, followed the next day by the Fed’s interest rate decision—yet the market still posted a noticeable gain.

The decisive impetus came from the regulatory authorities themselves: The SEC (U.S. Securities and Exchange Commission) and the CFTC (U.S. Commodity Futures Trading Commission) are demonstrating, through their Innovation Exemption and proposed framework, respectively, that regulatory clarity can also advance through administrative channels while Congress continues to block progress.

At the same time, the agentic economy is taking shape: Autonomous machines require machine-native payment infrastructure—a need that points to programmable money in the form of stablecoins.

Whether this marks the beginning of a broader altcoin season or is merely another isolated spike remains to be seen.

$ETH (+1,58 %)
$XRP (+2,29 %)
$SOL (+1,34 %)
$HYPE (+1,49 %)