322839
I’m bullish

@iambullish #322839

Sharing crypto trading news and memes 📈 (I don’t respond to DMs, too many scammers. Please comment under my posts if you want to have a real conversation)
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Almost half a billion inflow for BTC spot ETF yesterday.
This is bigger news than most people realize. Im sure a lot of big funds have been on the sidelines because they don’t want to have a big position of a highly volatile asset without ability to hedge. They have been waiting for the options to be approved and its almost time

https://bitcoinmagazine.com/markets/sec-approves-options-trading-on-blackrocks-spot-bitcoin-etf-ibit
MicroStrategy’s big buy right before Fed starts to cut rates
Grayscale ETHE redemption is over. Should mark a post ETF launch bottom for ETH like it did for BTC
This is going to be huge when approved in my opinion. BTC spot ETF is still too volatile for many big funds to hold. But once they can hedge with options, I think there will be another big wave of buying.

If this coincides with fed cutting rates, we will see some firework

https://x.com/jseyff/status/1821691941257433234?s=46&t=Az33ZP5yAfy9kAK8AUoE_g