They're not anticipating the move. My hunch is they were the cause/played a part in the dip on purpose. Scooping up the cheapest coin they can before the news. We are supposed to get the Grayscale v. SEC court ruling tomorrow. Odds favor Grayscale winning. Number go up. #bitcoin nostr:note1adlfag7kpu07se2ap3m6usj5e5zjvqvhn7f5j6ltc0z22az8mn2s3js2uj
I thought about this being a great opportunity for Fink.. didn't know about the SEC ruling though. That'll be interesting.
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https://fortune.com/crypto/2023/08/15/bitcoin-etf-ruling-expected-this-weekand-with-it-a-major-jolt-to-crypto-markets/
A new thought came to me.
Grayscale gets denied. BTC goes lower. Blackrock buys Grayscale.
Doubt it