@long had a post asking why did Coinbase go down a lot when btc was shooting up in price, I think even you had a post asking similarly I was going to reply but could not find the Twitter post... The poster "supposedly an insider" said that the AP's needed the price not to go up too much too fast, as they were shorting GBTC and going long Blackrock Ibit(?), and Coinbase "outages" were an effective tool Incidentally, when btc was going down too fast on higher volumes Coinbase never had an "outage" Anyway the poster said it won't last forever, only until enough AUM from GBTC has been transferred Interesting that Blackrock had 3 consecutive 0 flows, 1 negative flow and a weak inflow today, hmmm, perhaps the "won't last forever" has come The in-kind like HK etf's would have been better, but the cash produces a lot of friction costs trading fees and what not, so that's the best protection for the investors [/tounge-in-cheek] Anyway, things are very bullish! and Blackrock had a private meeting with their investors where they said Sovereign wealth funds and Pension funds are interested in investing with their bitcoin spot etf's Just a matter of time, before we shoot past $100k, the seasonality "sell in May" might be a headwind, but we got low time preference
You nailed the bottom of MSTR, it's up 50% in 2 weeks You might get Jim Cramer's job (j/k Max, might get added to your block list )