pull down to refresh

0 sats \ 5 replies \ @nerd2ninja 8 Dec 2023 \ on: Fidelity's Bitcoin Spot ETF Has Been LISTED bitcoin
Seems weird for it to be listed before its approved
write
preview
374 sats \ 1 reply \ @aoeu 8 Dec 2023
Standard procedure before any ETF gets approved.
reply
0 sats \ 0 replies \ @Xlindo OP 8 Dec 2023
Exact
reply
0 sats \ 2 replies \ @Xlindo OP 8 Dec 2023
To generate bullish movement
reply
0 sats \ 1 reply \ @nerd2ninja 8 Dec 2023
Like a video game announcement a year before its pre-sale months before its release, before everyone realizes its not as good as they imagined it was during all the hype and starts calling it trash even though the people who bought it after release without paying attention to any announcements thought it was fine
Didn't realize they did that kind of marketing with securities lol.
reply
0 sats \ 0 replies \ @Xlindo OP 8 Dec 2023
You're right or it could be another way as it is. They already bought in the entire bear market and now they want to start the fomo before the halving so that at the halving they increase their profits more. In this next halving, Bitcoin is expected to break all parameters and it would not hurt to prepare in advance
reply