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    1. Dedsnotdead on

      I think you need to look at this differently from a traditional buy and hold/trade strategy with the token itself.

      It’s easy to buy in/exit with an ETF. Even following a simple trend strategy you can do this in a tax limited wrapper.

      They are using Btc as a hedge and the etf as a quick way to take a position.

      I’m not sure that I’m explaining this particularly well to be fair but I’m currently watching Eurovision.

    2. Still close to ATH in cumulative net inflows again (I think IBIT is already there), while price is lagging behind.

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