So it seems that ETF rumor wasn’t fake news after all…

#Bitcoin #BTC #BlackRock #IBTC

https://x.com/ericbalchunas/status/1716529570759704832

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Of course not. This was a perfectly well executed and planned test of the market reaction at the end of the accumulation period. It's investor 101.

It definitely tested market reaction to a #Bitcoin ETF listing but I’m not sure it was orchestrated.