These clown-show ETF’s are likely all going to build bigger positions than MSTR eventually.

So if the average fund ends up “holding” double what MSTR “holds” now then ostensibly 20 Micro Strategy’s entered the market this month. That’s fucking insane.

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Fees on chain will be high in the future, it will be interesting to see what layer 2 / 3 solutions will be developed for the average person to transact

Solutions like ark, LN upgrades and utxo sharing coming with upgrades like TXHASH on the horizon.

Will be fascinating to see what becomes the standard for many adopters

Agreed. The whole evolution of Bitcoin is an amazing saga. Feels like the protocol will be finished (for all intents and purposes) in ≈10 years.

Exponentially accelerating

Imagine all the human work going into this thing 24/7/365. Cannot beat open protocols.

Incredible, and it actually benefits ordinary people 🔥

We are in the right place.

From where and how did they enter without raising the price? New money cannot enter without raising the price. Some entities just shifted their bitcoin from one pocket to another.

But I agree that this gave good publicity and opened new gate for new money. And so new money will enter, por buenos o por los malos, it will.

Grayscale sold as much as the new funds bought on net.

Exactly. Same passengers, different vehicles.

But over time the new funds will stack as much as ≈20 MSTRs and grayscale sell off will subside. It’s a crazy amount of sustained buy pressure that’s been added to the market.

Also isolated buying nor selling will necessarily move the marke as the rest of the market dynamics and subterfuge is still at play.

HODL like never before it’s just getting started!