Why Nostr? What is Njump?
2024-08-16 15:51:51

nbs on Nostr: I’m an equity derivatives trader in my day job, so I watch markets all day. ...

I’m an equity derivatives trader in my day job, so I watch markets all day. Although the spot BTC ETFs are total shitcoins, I still like tracking their inflows/outflows to see if the suits are buying dips.

Some of this flow is arbitrage between CME futures, but it’s still nice to see that in the past month the suits bought the dip. Perhaps they’re learning. Too bad they’ll still be poor, given the ETFs are shitcoins.

Happy Friday, stay humble stack sats.
Author Public Key
npub1lal8mazqzf24cvgupqgkea44g9wd6ktsgzshmvzdm3vneg78np7s2wucwh