Big ETFs like Blackrock operate in relation to Bitcoin purchases and how market movements might be impacted. These large ETFs won’t directly buy significant amounts of Bitcoin instantly due to their operational constraints. Instead, they likely utilize buffer accounts, making purchases gradually and strategically to avoid sudden market shifts.

While many anticipate a rapid price surge with ETFs entering the Bitcoin market, the reality might differ. If these purchases don’t cause an immediate spike, some investors may react by selling, potentially leading to a drop in prices due to market perceptions and reactions.

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markmoss

2024-04-14 11:40:49

you don't understand is that these big e t apps like blackrock they're not going to go out and buy billions of dollars of bitcoin because they already have these big atf companies cannot be buying and selling in the market on a real-time basis moving market prices to instead they use a buffer account black rock have already been buying to fill these accounts these other accounts will be used to fulfill the buying and selling on a daily basis while these other counsel be managing it on market cycles so they can get the best deal and that they're not moving the market so a lot of people think they're gonna easily start buying it's going to push the price to high but that's not what's going to happen because they've already bought it and so when that doesn't happen the price will start coming down because of all these people buying just on this pump alone and when they see it start going down it'll trigger some more selling and people are going to freak out and they'll start going down