JUST IN: Total #Bitcoin ETF trading volume on Day 1 = $4.6 Billion. The biggest opening day for an ETF! 1. Grayscale 2. BlackRock 3. Fidelity 4. ARK 5. BitWise https://image.nostr.build/eb8b086714cbdf347642ecff0b410138f75d33aad3ff98c8cc43c0040c5ea0e9.jpg
$4.6B in volume on day 1, but not much price action. So they must be day trading it...right? 🧐🤔 nostr:nevent1qqsxcytv645p5vuv6ud0wkjr372mchys7lhtr8qgsw8h8ezusmlc9nqpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzpf0f8thcaqsvh3at0d3qt7z5hpaw6j6gchmtxramawjun8jqmnelqvzqqqqqqy8m0ysf
GBTC outflows into other ETFs? Could be a nothing burger
This is probably the case...
And yet the BTC price hasn't moved. Odd.