148 sats \ 2 replies \ @ch0k1 6 Mar \ on: Blackrock Already Holds 180,000+ BTC charts_and_numbers
Do you think they will continue to buy Bitcoin on this pace?
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10 sats \ 0 replies \ @kepford 6 Mar
The question is will their customers buy their ETF. Its hard to say. I really think a large number of ETF buyers will have very weak hands. It seems like a lesson everyone has to learn but now that this in the in the tradfi world I suspect many won't learn and the cycle will repeat.
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0 sats \ 0 replies \ @kr OP 6 Mar freebie
at some point they’ll run into the scarcity limits of 21 million (minus the many million coins that people hold).
i wouldn’t count on this pace holding up for much longer, but even a fraction of this pace is a lot.
i could see them getting 1-2 million coins at some point.