pull down to refresh

0 sats \ 2 replies \ @Satosora 8 Jun 2024 \ on: Exploring BlackRock's BUIDL fund: Bridging traditional finance and DeFi econ
I wonder why the price of btc hasnt gone up since they are buying so much. Still stays around the same high...shouldnt it have gone up explosively?
write
preview
10 sats \ 1 reply \ @Cje95 OP 8 Jun 2024
I know the outflows of Grayscale was an issue for the first month or so...
With this fund though it is on the ETH chain since BTC doesn't have a really built-out DeFi/RWA space like ETH currently has
reply
0 sats \ 0 replies \ @Satosora 8 Jun 2024
You think it was just outflow from grayscale and inflow to balckrock?
reply