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re: Official CryptoTalk Thread
Posted on 1/12/24 at 4:24 am to tenderfoot tigah
Posted on 1/12/24 at 4:24 am to tenderfoot tigah
We’ll see. We saw this same dog and pony show in October and Hex fizzles and gave up nearly all of those gains until the last week.
Posted on 1/12/24 at 7:25 am to slackster
Yesterday was historic but lets be honest, it was a let down.
Volume was off the charts and broke many records but inflows were not what was predicted.
Now, MANY brokerages are not allowing their clients to buy the Bitcoin ETF which contributed to the let down.
Vanguard being the largest of that list.
AUM was expected to be 2-4 Billion for the new players in the first 48 hours, yet yesterdays inflows didn't even hit 50 million.
Things can and will change, but as of now, WallStreet is not interested in Bitcoin.
ETA: Someone check my numbers. This is what I was able to find on twitter and various articles.
Volume was off the charts and broke many records but inflows were not what was predicted.
Now, MANY brokerages are not allowing their clients to buy the Bitcoin ETF which contributed to the let down.
Vanguard being the largest of that list.
AUM was expected to be 2-4 Billion for the new players in the first 48 hours, yet yesterdays inflows didn't even hit 50 million.
Things can and will change, but as of now, WallStreet is not interested in Bitcoin.
ETA: Someone check my numbers. This is what I was able to find on twitter and various articles.
This post was edited on 1/12/24 at 7:27 am
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