What is Nostr?
hong / Hong Kim
npub1jpv…qgsz
2024-05-25 00:12:35
in reply to nevent1q…uwkp

hong on Nostr: i think of ETFs are mostly a vehicle that brings public market liquidity (stock ...

i think of ETFs are mostly a vehicle that brings public market liquidity (stock exchange trading liquidity) to bitcoin's market. it's like an IPO like thing. the asset is the same. liquidity around it changes a lot. bitcoin's price went up a lot since the ETF moment and i think it's a rational upward pricing by the market liking the same asset even more with more liquidity
Author Public Key
npub1jpvsahpy0vgq7gu8nfqjkeskce0gwjk8jpss590xkvjh5xxe4epsruqgsz