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10 sats \ 0 replies \ @Ice9 20 Dec 2023 \ on: Hodl your horses on ETF and halvening hopium bitcoin
ETF thing definitely seems assured. It almost seems TOO assured. Or is it just because we're in this space and really pay attention?
A big part of me is just waiting for them to deny it. Do BlackRock et al really want it? Just playing along to generate hype only to slam it shut.
Maybe not.
Maybe they do want it...another avenue for fee generation. And if it is assured and they know it, do they really wait until approval to start buying? That seems pretty amateur hour. But I guess if they don't really care about the price, just hype and fees for managing, then maybe they do just wait and start buying after approval.