G’Day frens! This #BTC ETF thing a hoax or what? Hasn’t affected #BTCs price at all. Somebody give me the lowdown please. #asknostr #plebchain
Discussion
It has affected the price a bit, but not too much. It's a scam.
It’s not a hoax. People were expecting a god candle, but it’s best that didn’t happen yet. It gives us plebs more time to stack for cheap. #Bitcoin is the real deal, it’s super scarce, and it goes up forever. The god candle moment may be a different event, imo.
The ETF increases accessibility. It does not create demand.
Now, however, you have tradfi celebs like Larry Fink (BlackRock) orangepill their audience. And it’s a rich audience.
Patience. The doors are open wider now. Let greed do its thing.
Natalie Brunell says it has something to do with Grayscale converting to an ETF.