Well if they are already pretty rich off facebooks pay off, why would they sell their ETF`s off?
It doesnt make sense, esp, when they are already mega rich and they dont put down only a small portion of their money into their own exchange and the ETF creation they trying to do both at the same time.
It seems more they want to dominate this space, so they have the ability to do both exits when they choose to do so.
Exactly. If they're doing this, they'll make sure to do this right and not cave in at the first signs of trouble or prices not going to the moon immediately. Cutting ones' losses doesn't make any sense in this case...
The reason the ETF would be created is to dump their shares (bagholding coins), it's just this simple.
Regarding the joke of GBTC's forever excuses:
