The same formula was applied to #GLD and #SLV as well as #GC futures. They will paper over #Bitcoin whenever the price is not to their liking.

nice. i think i will be using #plebstr from now on.

testing #plebstr

installed again and it is working now.

testing

testing

Tried plebstr. Couldn’t post from it. ??? tried 3 times. #plebstr

The sharks are swarming around Bitcoin.

These folks just want the price to go up and they think the ETF will bring in more liquidity and inst. money. This is severely wrong thinking. Imo FedGov ETF will try to diminish Bitcoin to clear the way for CBDC. They’re not going to give people a choice.

yep. they can arbitrage the price in either direction with spot or futures. ETF is most certainly designed to manage the price of bitcoin.