I wonder how much tradeing volume the ETF did today.
Discussion
Stop being mean to the retarded ones, please
Do they have to hold BTC in proportion to investor capital ?
They say they do but is the gold etf backed 1 to 1
They gonna start selling bitcoin they dont have watch, this stuff is like clock work.
Exactly my thoughts. When you consider they've been suppressing the price if gold this way, and it worked, for a while, I wouldn't be surprised to see loads of paper BTC sold whilst backed by nothing. @caitlinlong argued this is what happened in 2021 with FTX and why we didn't see valuations above 100,000 USD. That's another reason for being long over the long term because eventually, price discovery happens. Should be intersting how it unfolds though, blackrock has pretty deep pockets. #ETFstr