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75 sats \ 1 reply \ @grayruby 10 Apr \ on: I know price doesn't matter, but... bitcoin
I am actually kind of surprised we haven't seen more selling from etfs. It's all been GBTC. We have had a couple significant drawdowns since the launch (although nothing for Bitcoin) and etf holders haven't really been shaken out. I am curious to see what it will look like when we have one of those systemic risk events happen.
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50 sats \ 0 replies \ @siggy47 OP 10 Apr
Agreed. That's really what I am talking about. With the US stock market completely buoyed by the fed, there's a long way to drop if the balloon gets pricked.
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