We are literally hours away from the start of what could be the biggest single day of capital in flow to bitcoin. The price could move up by 5 figures and meanwhile price action right now is meh. So much for efficient markets.
Discussion
When will they start trading?
If you're a Wall Street bro, you going to let your golf partner outperform you? If you're a nation state, you going to let the US hoover up all the exchange corn? Game theory just stepped up a level.
seriously, so bizarre
I only opened this one link that did a napkin-math estimate that a top fund might need ~$5Billion (that wouldn’t need to be satisfied in one day) and daily volume is around $40Billion… but you track this stuff more than I do. https://blockworks.co/news/blackrock-bitcoin-buy