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0 sats \ 1 reply \ @Scoresby 10h \ on: Are Some Whales Abandoning Self Custody? bitcoin
If someone had a pile of bitcoin and sold it in order to buy the same dollar amount of Bitcoin ETF shares, wouldn't we expect this to have no effect on the price?
Exactly. In fact that is one of Tom Lee's explanations as to why the price is not soaring.
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