With renewed interest in bitcoin ETFs, we see a growing flow of institutional and retail investors into the cryptocurrency market. Do you think the race to accumulate bitcoin will begin, and what consequences it may have for the price and stability of this cryptocurrency?
The race to accumulate bitcoin is already the name of the game ever since, specially from early adopters. It's not the question of how we accumulate, it's the question on when we accumulate and when we are going to sell to make profits.
https://twitter.com/GregSchoen/status/70261648811761665
As for institutional investors accumulating, or companies holding BTC on their balance sheet,
https://buybitcoinworldwide.com/treasuries/
And they have been doing it with or without the renewed interested in Bitcoin ETF's that we have seen lately. This is smart investors, they are usually accumulate during crash, like what we witnessed last year when the price hits bottom at $15k.