All right, crypto crowd: after years of waiting, your ETFs are here! A dozen of ’em! Including the saucy ticker symbol HODL. Heh. Oh, you.
Let’s just say that BTC already seems to have accepted these new instruments and isn’t exactly in an exuberant mood at the moment. To be sure, the 200% gain since the FTX wipeout is impressive, but it seems this financial instrument is already pregnant with anticipation about all the new suckers that are going to pile into digital assets by way of oh-so-easy-to-buy ETFs.
When would I be interested in Bitcoin? I’d say around $30,000 or so.
In the meanwhile………….