Yeah might be. In multiple podcasts I heard people talking about the large amount of investors, funds, etc. that can’t buy bitcoin directly because it’s against their rules so they would buy something like strc instead. That led me to believe that’s what strc was made for. I don’t really care cause it’s not my problem. Obviously if it collapses it nukes the price for years so that’d be fun. It does seem massively unsustainable tho.