Cointelegraph's fake ETF news caused $250M to flow into bitcoin…but the market cap increased by $57B.
This is a multiplier of 228:1.
You are not bullish enough, anon.
#bitcoin #HODL
Discussion
What's your thoughts on the ETF day 1? was it a lot of GBTC selling and moving into the ETFs? Otherwise I'm confused how the $4B didn't lead to a real price pump.
Curious on your thoughts
So it looks like we have seen $650M net inflows so far into ETFs. This dip is being caused by retails degens I think.