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arceris / Arceris
npub1k7t…8edl
2024-03-12 13:12:11
in reply to nevent1q…de87

arceris on Nostr: It’s worse than that. They could construct a hedged short. Sell the GBTC, then buy ...

It’s worse than that. They could construct a hedged short. Sell the GBTC, then buy the other ETFs (or raw BTC). Then they’re market neutral but still putting pressure on GBTC. Can go much bigger on that?
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