💸 Strings Attached

Happy Friday, In A Nutshell this week:

• 💸 Strings Attached

• 🧾 Figma Reveals $70M in Bitcoin ETFs

• 💼 The UK Bitcoin Review

• 🏦 BlackRock’s Bitcoin ETF Beats S&P 500

• 🇬🇧 Bitcoin | A Competitive Advantage

• 🧠 What Nobody Tells You About Building Wealth

• …and much more

If you enjoy the newsletter, pass it on to a friend, and you can earn free sats (see bottom of the email).

 🚀⏰ Today’s news should be a ~4.24-minute read (745 words).

🧠 Quote Of The Week

“If you think you're too small to make a difference, try sleeping with a mosquito.”

– Dalai Lama

💸 Strings Attached

A new deep dive from Daniel Batten explores how the IMF discourages global Bitcoin adoption, especially in emerging markets.

The report outlines how countries seeking IMF loans are pressured to steer clear of Bitcoin.
 In El Salvador’s case, internal IMF docs revealed a direct line: “undo Bitcoin legal tender.”

Why?

Because Bitcoin threatens the IMF's influence. It offers countries a way to opt out of dollar dependence and legacy debt systems, something the IMF isn’t eager to support.

Only a few days after this article was published, the IMF rejected Pakistan's plan for 2000MW Bitcoin mining.

Bitcoin is the disruptor. IMF is the disrupted.

🧾 Figma Reveals $70M in Bitcoin ETFs

Design platform Figma, best known for its popular design tools used by teams worldwide, has just disclosed $70 million in Bitcoin ETF holdings in its IPO filing, and board approval for $30M BTC purchase.

The company’s S-1 shows exposure through US-based spot Bitcoin ETFs, marking another high-growth tech firm quietly adding Bitcoin to its treasury mix.

💼 The UK Bitcoin Review

Cartwright Pension Trusts, the UK firm behind the first pension scheme to allocate to Bitcoin, has released its first annual Bitcoin review.

The review is packed with insights and has been published for two key reasons:

1. A belief that institutional adoption of Bitcoin is only just beginning

2. A growing concern over the UK’s economic outlook.

A rare glimpse into how forward-thinking institutions are preparing for what’s next. Read it here.

🏦 BlackRock’s Bitcoin ETF Beats S&P 500

BlackRock’s iShares Bitcoin Trust (IBIT) is now generating more revenue than its flagship S&P 500 ETF.

Despite having a fraction of the assets under management, IBIT has pulled in $187.2M in annual fees, compared to $187.1M from the much larger iShares Core S&P 500 ETF. That’s thanks to relentless inflows and a higher fee structure (0.25% vs 0.03%).

Meanwhile, public companies are also stacking faster than ETFs, marking the third straight quarter where corporates outbought funds.

The race to own Bitcoin is heating up.

🇬🇧 Bitcoin | A Competitive Advantage

It’s official, we’re back in the events game.

Bitcoin is no longer just a curiosity; it’s a competitive advantage.

For individuals, it means protecting your savings in a world of relentless currency debasement.

For businesses, it offers a stronger treasury, global reach, and a signal of innovation to customers and talent.

Those who understand this early (and take action) will benefit most.

🗓️ Save the date: 21st November 2025

Details and tickets drop next week.

🧠 What Nobody Tells You About Building Wealth

Emma Storey-Gordon, fitness entrepreneur and business mentor, joins to discuss her journey from fitness coaching to investing, and her growing interest in Bitcoin.

Diving into the psychology of investing, the challenges of starting a business, and the importance of understanding risk. Emma shares lessons learned from building multiple businesses, navigating market fluctuations, and why she’s incorporating Bitcoin into her business.

The episode is available here: YouTube, Apple Podcast, Spotify

🔥 What else have you missed?

1. Why Are Bitcoin Treasury Companies Trading at Such High Premiums to NAV?

2. “Bitcoin Isn’t About Price Anymore! It’s How We Fix the Future!” Jordan on Robin Seyr’s podcast.

3. Americans are curious about Bitcoin. Report by The Nakamoto Project.

4. The Q2 2025 Btrust Developer Grant recipients are out.

5. Xapo Bank is now an Official Partner of Aston Villa FC.

6. Bitcoin Treasuries: Inflation Hedge or Hype-Driven Bubble?

7. Two Bitcoin wallets that had been dormant for 14 years moved 20,000 BTC, initially worth $7,800 in 2011 and now valued at $2.18 billion.

🍾 Friday Fun!

This week’s crossword is now live - Play here

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