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Jim Bianco is wrong. The BTC ETF buyers are mostly HODLers, unlevered long-term investors. They are not like the Cryptobros (100x BitMex degens) of the past. GLTA!!!
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Most of these investors are buy-and-hold type. They bought bitcoin as a portfolio diversifier. They don't check prices every minute of the day like the 100x degens of the past/present.
GLTA!!!
OP's disclosure: I'm Long-Term 16 BTC and 5 staked ETH. GLTA!!!
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