Could The Grayscale Bitcoin ETF CRASH Bitcoin? Hugh Hendry Explains.

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Название	:	Could The Grayscale Bitcoin ETF CRASH Bitcoin? Hugh Hendry Explains.
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THANK YOU All these other YouTube clowns are telling you what you WANT you hear, not the truth
Comment from : Michael M

Proof of Work is putin's wetdreambrWe already get our energy from autocratic states brNow you want to hand them control of the world's money supply?
Comment from : Thomas Aagaard

Acid capitalist overthinking it on this one You only sell if it’s tax efficient
Comment from : knuckleheads311

Inertia is a powerful force, though What’s to say that most of the GBTC holders are a bunch of OG BTC maximalists?
Comment from : Kevin Pflug

Grayscale is the LARGEST Bitcoin holder in the world, holding over 500,000 coins, or 3 of ALL the 21 million BitcoinsbrbrMost people think that if their trust is converted into a Bitcoin ETF, this will be good for BitcoinbrbrWhat if it's not?🚨brbrWhat if this hypothetical Grayscal ETF approval actually triggers $10 BILLION worth of selling?📉brbr📺This hypothetical scenario is exactly what I explore in this short video below taken from the Patreon site:➡ patreoncom/HughHendry
Comment from : Hugh Hendry Official

I wonder how many that are playing the discount trade are also short perps/futures and would unwind those in the opposite direction when NAV discount gone
Comment from : Lurking Figure

People realizing profits in uncertain times, surely not 😂
Comment from : Renko

how do we feel about mining and wgmi etf? higher price for bitcoin initially is a higher price for miners to sell at?
Comment from : Burtton

Sorry but I think your wrong , those that are arbing long GBTC and short futures is net zero change (they will sell spot but buy futures) , those that have been holding and have cap gains are unlikely to sell to prevent tax and Grayscale has stated once ETF is approved they will be lowering fees I would be surprised if more than 1 billion is sold once it’s converted Now new buyers would probably buy ishares etf but those true hodlers is not selling anytime soon
Comment from : TheBeav30

Most participants dont own gbtc because of the arb they own it for the accessfee would probably adjust to match the competitive landscape I could see there being an issue if they price themselves out
Comment from : John Disogra

My reply keeps disappearing too funny everything in life is a controlled scheme 😂
Comment from : A Digital Viking

I mean there are probably a certain number of people playing the discount window trade However, the unfiltered selling? I don't see it simply because it becomes a spot proxy If people unload the grayscale ETF when it becomes one they are probably also unloading spots so that would just be a normal down move If they are purchasing the ETF they are likely purchasing spot so it moves up but an independent move on the ETF? What would even cause that other than the people playing the discount window trade?
Comment from : Kyle

Mr Hendry hasn’t a clue……but he does well trying to look clever 😂
Comment from : Ewan Trevis

GBTC unlock would only dump maybe $500M of bitcoin (20 of trust) There is way more money that hasn't been able to allocate to bitcoin that wants to than money that wants out of GBTC at parterrible take imo
Comment from : Mike