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BitcoinArchive | 9 months ago (raw) | export | reply | flag +27 
 JUST IN: 🟠 Bitcoin ETFs could attract up to $24 BILLION after approval, including 20% of demand from precious metal ETFs switching to Bitcoin - Matrixport https://image.nostr.build/8037835e50f27a11c8031d389dceebb027c4ad908f731b65c2ba3d2e6f38d198.jpg
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6596d001 | 9 months ago (raw) | root | parent | reply | flag +1 
 You gat to see this one 💜🪴
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Derek Ross | 9 months ago (raw) | root | parent | reply | flag +2 
 Only 24B? 🤔
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casey | 9 months ago (raw) | root | parent | reply | flag 
 Seriously. Why so bearish?! Lol
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B.O.P | 9 months ago (raw) | root | parent | reply | flag +5 
 Blackrock alone manages over $10 trillion, if money managers get 1% of this allocated it would be $100B overnight. Thats just blackrock… not mentioning the other 10 ETFs waiting for approval. Think this math is extremely conservative to the point that it’s probably wrong.
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Derek Ross | 9 months ago (raw) | root | parent | reply | flag 
 Right. It's missing a couple zeros.
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82a1e67b | 9 months ago (raw) | root | parent | reply | flag 
 What is this? An inflow for ants? 🐜 😂
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b5f985dc | 9 months ago (raw) | root | parent | reply | flag 
 It sounds small but compared to what the exchanges hold its a decent amount
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SomersetBen | 9 months ago (raw) | root | parent | reply | flag 
 On dividing $24Bn by the 21m existing #Bitcoin, I infer 1BTC will be $1m or thereabouts. Surely not?
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b5f985dc | 9 months ago (raw) | root | parent | reply | flag 
 More like a thousand unfortunately.  But thankfully that's not how it works
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SomersetBen | 9 months ago (raw) | root | parent | reply | flag 
 Oops!