Oddbean new post about | logout
 Is btc really going anywhere now that ETF's are approved? Why wouldn't it just keep its  current $42-$43 channel as plenty of liquidity to meet demand, and nearly all new demand comes through the ETF's. Could this go on for months and months? Could Blackrock et al simply up their fees whever they want to dampen demand? And obviously reduce them when they fancy increasing demand?