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2024-01-12 00:08:53

sms on Nostr: $4.6 Billion worth of volume was seen during the #Bitcoin ETFs first day of trading. ...

$4.6 Billion worth of volume was seen during the #Bitcoin ETFs first day of trading.

The race for market dominance so far has been led by BlackRock (no surprise there), but it is far from over. Personally I’d like to see $BRRR or $HODL take the lead, but that’s solely for my humor-prone ways.

Grayscale hit the jackpot by converting its #BTC trust into an ETF, they own the worlds largest #Bitcoin ETF (~643.6k #BTC(~$28 Billion))…but will they be able to maintain this position with less than competitive fees?

I won’t be buying any ETFs and I would never recommend it over the REAL DEAL #BTC.

This process has been in the works for a decade+, don’t be too soon to draw conclusions! Imo we haven’t seen a sell the news or a frenzy of demand, both could still be on the table. I’ll be sticking to my regular accumulation schedule and hope for the best.

#Bitcoin is chilling at yearly highs, if bears can’t come in strong enough or soon enough, faces may start to melt prior to the halving.

There’s a new financial ballet in town called “The Bitstacker”, it’s set on Halving Eve at the foot of a god candle in a young pleb’s imagination.

You either are for global, financial liberation starting with the individual through #Bitcoin or you’re NGMI. Sometimes it’s scary to be so blunt, but people close to me do not have enough exposure and I can’t help but feel responsible for being too kind. Maybe I should’ve pushed harder or been meaner, it’s hard orange pilling the people you care about without straining the relationship. I’m hopeful the ETFs will ease this process with their mainstream validation. Sooner would have been better, but there’s no such thing as too late to #Bitcoin.

This is a common misconception that leads to 💩coining.

The “retired” options trader in me is ecstatic about potentially being able to trade the price movements of #BTC to stack more spot #BTC. Everything naked of course. I have no interest whatsoever in holding stocks…SOOO last century.

The toxic maxi in me might whoop tail and put the money that would have gone towards options towards my weekly stack. Who knows…bullish on my inner turmoil.
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