SpaceX Moves $105M Bitcoin, Wood Predicts Liquidity Easing, Nasdaq Boosts IBIT Options

Group 1: SpaceX Bitcoin Transfers - SpaceX has transferred 1,163 Bitcoin, valued at approximately $105 million, to a new wallet, following a previous transfer of 1,215 Bitcoins worth $133.7 million [1] - After these transfers, SpaceX's Bitcoin wallet now contains 6,095 Bitcoins, totaling nearly $553 million, making it the fourth-largest private company holder of Bitcoin [1] - At one point in 2022, SpaceX held as much as 25,000 Bitcoins but has since reduced its holdings [1] Group 2: Market Reactions and Speculations - There has been no official explanation from SpaceX regarding the reason for the transfers, but speculation suggests it may be related to improving custody rather than liquidation [2] - Observers note that significant moves by institutions like SpaceX often indicate strategic positioning, even if the exact purpose remains unclear [2][3] - The new wallets have not yet interacted with exchanges or shown signs of liquidation, suggesting a cautious approach to asset management [3] Group 3: Related Market Insights - Tesla, another company owned by Elon Musk, holds a substantial Bitcoin reserve of 11,509 BTC, valued at about $1.05 billion [3] - Cathie Wood, CEO of ARK Invest, anticipates that the current liquidity crunch in crypto and AI markets will ease soon, with expected policy changes from the Federal Reserve [4] - ARK Invest has been actively purchasing crypto-related stocks, spending over $93 million recently, despite the downturn in the broader crypto market [5]