supiter on Nostr: Everybody thinks the spot ETF will take bitcoin to the next level. The timing ...
Everybody thinks the spot ETF will take bitcoin to the next level. The timing doesn’t look very good. There will be a hype and a big retrace. When the new ETF will matter is in the middle of the bull run - 1 year from now. The ETF wrapper will be a fire hose for adding liquidity and raising the spot price. But in due time.
Published at
2023-09-01 22:47:00Event JSON
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"content": "Everybody thinks the spot ETF will take bitcoin to the next level. The timing doesn’t look very good. There will be a hype and a big retrace. When the new ETF will matter is in the middle of the bull run - 1 year from now. The ETF wrapper will be a fire hose for adding liquidity and raising the spot price. But in due time.",
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