Interesting article. Also shows how transparent the ETFs are under old Gary...
https://cryptoslate.com/why-etfs-are-not-having-positive-effect-on-bitcoin-price-yet/
Discussion
Nice explained 👍
Understand that ETF buys P2P and OTC and with T+1 or 2 delay and for weekly moving average - this means a lot of neutrality like coins avoiding public exchanges and market information ℹ️
It’s like buying coins silently in private. These ETFs ain’t stupid …
Still in some point in future, these OTCs will have to buy more for those ETFs, they will be a supply shock later on.
HODL FUCKING HARD Y’ALL 💪👀
#bitcoin #etf #hodl