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0 sats \ 0 replies \ @DiedOnTitan 22 May \ parent \ on: My Not Fully Thought Out Speculation bitcoin
It's terrible for Bitcoin by association. It's already difficult enough to separate Bitcoin from "crypto", and an Ethereum ETF makes that separation even more difficult in the minds of those who may hold both. When Ethereum tanks, not if, it will likely cause at least a partial liquidation of the Bitcoin ETF by association massively increasing volatility.