Ep 26 / Bitcoin ETF Inflows Drive a Crypto Rally

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On February 15, 2024, the portfolio closed at $939.15, up $152.53, or 19.39%, from $786.62. The journal records $52.53 in options income.

The distinction mattered: options income was documented, while the balance of the weekly increase reflected a much stronger crypto market and cannot be called premium income.

Market context

From February 8 to February 15, Bitcoin rose from roughly $45,302 to $51,939, while Ethereum advanced from around $2,420 to $2,824. The rally came alongside accelerating spot-Bitcoin-ETF inflows and broader risk-on demand.

The TerraM token was priced at $0.86 during the week and remained separate from the portfolio NAV.

The documented $52.53 options-income figure should remain distinct from the broader weekly NAV move. The market context describes a strong BTC and ETH week, but it does not establish a precise attribution for every remaining dollar of portfolio change beyond the recorded premium. The Performance journal retains the dated result.

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