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re: Novice BTC ETF question
Posted on 1/12/24 at 4:05 pm to dallastiger55
Posted on 1/12/24 at 4:05 pm to dallastiger55
quote:Buyers and selliers not watching the underlying asset (BTC) and trading per their respective sentiments at that moment in time? At the specific times you mentioned, there were more sellers than buyers. The ETF is not technically synched to or beholden to the fluctuations of underlying BTC token.
Can someone explain to me how bitcoin can be up but the ETF is way down?
This post was edited on 1/12/24 at 10:28 pm
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