ShortSimon on Nostr: It looks like the fight is on for the btc price! The etfs are seeing outflow ...

It looks like the fight is on for the btc price! The etfs are seeing outflow apparently. Personally, I'm not sure that I belive there would genuinely be net sellers of that product at this stage. People just got exposure to the bitcoin price for the first time in their lives, they are up on their investment and for some reason many of them decide to turn and run. So many decide to get out that they even outnumber the people coming in! Could this be re-hyppthication? A broker can legally borrow a stock that you hold with them and sell it to someone else. The increase in funds that they hold as a result of this operation will, of course, go into government bonds.