$4 Billion Asset Manager Reveals The Bitcoin Argument Wall Street Can No Longer Make

Matt Tuttle is CEO of Tuttle Capital Management, an ETF issuer running roughly four to five billion dollars across thematic, options-based and event-driven funds. He has been on Wall Street since 1990 and came to Bitcoin through the ETF wrapper rather than through conviction. His argument is that the wrapper was the entire event: once BlackRock launched IBIT the skeptic case stopped being arguable, and his client portfolios now carry 6.25% Bitcoin against an industry standard of one to two percent. TIMESTAMPS: 00:00 Cold Open 00:52 Trading Since the Eighties 01:51 The iBit Turning Point 02:52 The Argument Wall Street Can No Longer Make 05:08 Why 1% Bitcoin Doesn't Move the Needle 06:30 The HEAT Formula 08:54 The Hard Money Hedge 10:58 What Actually Broke the Treasury Trade 12:30 Bitcoin Fell 50%, the S&P Fell 60% 15:24 How to Play Pre-Merger SPACs 20:44 Why He Hates Covered Calls 22:27 All of Bitcoin's Upside, Not Most of It 25:41 Partnering With Strive on Digital Credit 28:06 A Million Dollars and $40,000 a Year 30:02 Inside the Leveraged Credit ETF 34:58 Why Volatility Isn't Maturing Yet 38:01 Schiff, Pomp, and the Debate That Misses 45:27 Wiped Out at 21 48:15 Zero Percent Bonds at 57 50:14 The Longevity Problem Nobody Plans For 51:46 Grading Powell, Sizing Up Warsh 53:56 Guys Like You Are Screwed 56:36 Where to Find Matt 🎙️ Featured Guest: Matt Tuttle — CEO, Tuttle Capital Management Kalshi Perps Sign up at https://kalshi.com/p/bitcointreasuries Please carefully consider if it is appropriate for you in light  of your personal financial circumstances. Kalshi products are not available in all jurisdictions.  See kalshi.com/regulatory for more information.   Leverage amplifies both potential gains and potential losses, and losses can exceed the amount deposited. Leverage limits are determined by KalshiEX LLC or the FCM based on its own risk assessment and each customer's individual risk profile, and are subject to change.  Perpetual Futures are listed on Kalshi Ex LLC, a CFTC-regulated exchange, and may be traded directly as an exchange member or through an approved broker. This video is sponsored by Kalshi. 🤝 SUPPORT OUR SHOW: BitGo is the institutional-grade digital asset infrastructure trusted by thousands of institutions worldwide. A publicly traded company on the NYSE, BitGo offers regulated custody, OTC trading, financing, and settlement under one roof — and holds a federally chartered national bank license from the OCC. Learn more at https://bit.ly/bitGo Arch Lending offers the most transparent Bitcoin-backed borrowing experience in crypto — industry-leading rates from 8.49%, qualified custody, no rehypothecation, and verifiable segregated addresses. Simple terms and public pricing at every size. Learn more at https://bit.ly/archlending XCE Connecting Excellence Group is the UK's listed Bitcoin treasury recruitment company — placing senior talent into Bitcoin companies globally and helping operating businesses build on a Bitcoin standard. Learn more at https://bit.ly/XCEio Hemi — Activate compliant Bitcoin yield without leaving custody. Built by Bitcoin OG Jeff Garzik, Hemi is the only blockchain that embeds a full Bitcoin node inside an Ethereum node for true Bitcoin finality. Follow them at   / @hemi_xyz   and learn more at https://hemi.xyz