Damus
HaloKat · 80w
If they forked, they would simultaneously dump the good stuff to drive the price down as much as possible to make it seem like everyone is selling. All the weak hand idiots would fall for it. For us i...
yaazer profile picture
I keep a supply of fiat around for big dumps.

So if I'm following the plot here..

IBIT would hard fork, dump their positions of Btc on the open market and anyone invested with them would suddenly own the equivalent of BBTC?

I wonder if any ETFs would stay on the original.
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HaloKat · 80w
I don’t know how it would actually unfold with etfs but I’m assuming they’d just hold the fork shitcoin with their custodian and have the option to sell off bitcoin. My guess is they would absolutely do this to dump the price and encourage a switch. The actual ETf would probably not be affecte...