Bitcoin Spot ETF outperforms 3,400 rivals with $2.3 billion weekly inflow

[little96]

Spot Bitcoin ETF attacks its traditional rivals

Last week’s influx by all ten spot Bitcoin ETF issuers, including Grayscale, put the new offerings ahead of the 3,400 ETFs that existed before the U.S. Securities and Exchange Commission (SEC) gave its approval to the new group of Bitcoin backers. BTC in the region. .

 

[xyz103]

@little96 Bitcoin is a giant Ponzi scheme

 

[matt5963]

@xyz103 Imagine fading btc looking at 10-5-1 yr returns when even Blackrock is in, gotta be a special kind of stupid

 

[tomfoolery64]

@xyz103 I would call it enormous at this point. I think it isn't a ponzi scheme. More like a Greater Fool thing.

 

[jessicabella0187]

@xyz103 It doesn’t fit the definition of a Ponzi scheme but more of a greater fool as @pembroke529 pointed out.

 

[gordon1234]

@little96 Buy low sell high folks

 

[mttyhu]

@little96 I think it was Billionaire John Paulson said "Bitcoin is a limited supply of nothing". I think I would trade it on technicals and momentum, not something I would hold long term at this point.

 

[silentwarrior116]

@mttyhu This and more of this, at some point people will realize that you cant do anything with bitcoin, and price only depends on bots