Agree. And tomorrow we should see a pop in the bitcoin markets as that 600M net inflow to the Bitcoin ETFs from Thursday hits the spot Bitcoin market.
Discussion
I found this to be an exactly summary of last week.:
*excellent
Thanks for sharing. I read that, too. I really like James.
It seems like he avoided the concept of T+2 in specifically calling out that net inflows hit two days after the investment. I also read rational root’s analysis and he alluded to a T+1 settlement…
I know “price action” doesn’t matter but given that these ETFs are a huge entry point for a lot of people, it would be good for bitcoiners to know how to talk to folks investing in the ETFs in what is happening with the ETFs and how it impacts the physical bitcoin market.
I’m not on Xitter so not seeing anything that is getting posted over there.
I agree and I am not on xitter either.