The fund, newly minted in the portfolio of Carmel, accounted for 1.9% of its $237.2 million in assets. A modest fraction, yet one that carried the weight of a decision made in the quiet hours of a market that rarely whispers its truths.
October was supposed to be the month when long-awaited crypto exchange-traded funds (ETFs) finally hit U.S. markets 🎉. Deadlines for the Securities and Exchange Commission (SEC) to approve or deny several spot crypto ETF applications were lined up throughout the month 📅. But when the U.S. government shut down, the process froze ❄️ – and deadlines stopped mattering 🙅♂️.
75,000 more. That totals 205,000 shares dispensed since August began-a steady bleed of paper, parcel by parcel, as if divesting not out of panic, but from a calm, methodical realization:
A certain Herr DonAlt – a gentleman of some repute within the rather boisterous world of digital speculation – has once more graced us with his observations. It concerns XRP, you see, and why it seems to be faring rather better than its more…flighty brethren in these trying times. One almost feels a touch of pity for the others, dashed about by every passing fancy.
SHIB, poor SHIB, languishes in a narrow corridor of its own making-a Hamlet of crypto, paralyzed by existential dread. 🎭 It hovers near $0.0000102, a price so low it makes Monopoly money blush. 🎲 The October crash left scars deeper than a Chekhovian tragedy, and now it shuffles along a trendline like a sleepwalker avoiding mirrors.
For the past week, Bitcoin has been doing what it does best-napping between a hefty $109,000 and a slightly jubilant $110,500, frustrating traders with its modest tantrum. The Crypto Fear & Greed Index, that charming little watchdog, barked “fear” like a caffeinated chihuahua since midweek, yet every dip drew in buyers – oh, the irony! It’s as if accumulation is sneaking around behind the scenes, even as sentiment plays the tragicomic victim in this financial tragedy.
Because, behold, this Eastern deluge may ignite Bitcoin’s redemption rally. Oh, the sweet agony of anticipation! 🙄💸
1-year price change calculated as of October 24, 2025.
Their holdings now constitute 1.88% of Monte’s 13F AUM, a figure that would make even the most jaded investor raise an eyebrow. Yet, as the adage goes, “The more things change, the more they remain the same.” Their top holdings-WFC, RTX, HSY, HD, and ABT-paint a picture of a fund as eclectic as a well-stocked library, though one wonders if the volumes are still in print.
Figures derived from the noble art of weighted averages ($60.31), and the sacred rite of market closure on October 27 ($60.09).