0 sats \ 4 replies \ @kilianbuhn 18 Feb \ on: Week 6 Bitcoin ETF data from HODL15Capital charts_and_numbers
If wallstreet tries to dump in a crash like they always do, would that clog the mempool from the ETFs hedging? 🙄
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0 sats \ 0 replies \ @go OP 18 Feb
I imagine the ATPs are setting themselves up as mega OTC desks
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0 sats \ 2 replies \ @jeff 18 Feb
Why would ETFs hedge?
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0 sats \ 1 reply \ @kilianbuhn 18 Feb
Probably "hedging" is the wrong word. But they usually buy and sell the underlying. That would require going onchain, would it not?
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0 sats \ 0 replies \ @jeff 18 Feb
No(?)
They could be buying and selling off-chain. Eg. on Coinbase.
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