Robinhood chief brokerage officer on users' behavior regarding spot #Bitcoin  ETFs:

1/3 of purchasers sold equity to rebalance their portfolio

20% of the purchases/sales happened in retirement accounts

GBTC sellers largely rolled their money into another spot #BTC  ETF https://video.nostr.build/93008d3bdb65e8bbd119fd896923f883312dbdfe61328f2d66b3e6586ebcb2f2.mp4