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
Published at
2024-05-25 00:12:35Event JSON
{
"id": "65fbe0c825297f31b162ea3002476323e9bd413dd3952aea46b26d1688b28d90",
"pubkey": "90590edc247b100f23879a412b6616c65e874ac790610a15e6b3257a18d9ae43",
"created_at": 1716595955,
"kind": 1,
"tags": [
[
"e",
"2cd19f4e9c4329ba1720faf5c2f91f92abecbd3349e4905bc98eb0e22a27fe29",
"wss://nostr.oxtr.dev",
"root"
],
[
"e",
"36a9a783071dc6f6d6844eebabf60f26535d214002db03a6c1d083799b4ee659",
"wss://nostr.oxtr.dev",
"reply"
],
[
"p",
"90590edc247b100f23879a412b6616c65e874ac790610a15e6b3257a18d9ae43"
],
[
"p",
"edb470271297ac5a61f277f3cd14de54c67eb5ccd20ef0d9df29be18685bb004"
]
],
"content": "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",
"sig": "7e293214f099dfef373b90906cc0fdf1c07826ec5d08bc26309566febf1c4378ad78b33fdedb9b120ab324505c7117c606e15faaacd946bfe69670ba7a4d3eaf"
}