@lowstrife Who kills the Golden Goose? Shaking the tree from time to time to accumulate more, sure, but what you're describing feels like it would take a combined effort or prolonged sideways and overall disinterest in the overall crypto market
Highest daily close on $IBIT today.
Prev 60.73, New 60.90.
$BTC depends where you mark spot, but >106,159 has 4hrs to mark a new ATH for daily close.
#Blackrock is eating the world: Assets under Management (AuM) rose to $9.4tn in Q2 2023, up from $8.5tn a year earlier & $9.1tn in Q1, mainly driven by buoyant markets. Net inflows for the quarter were $80bn, down from $89.6bn a year ago and $110bn in Q1, amid heightened econ uncertainties. Analysts were expecting $105bn in inflows.
@krugermacro if the FED cuts rates risk assets are going to shit the bed, the rotation into UST will be the largest move probably ever in history and that money is coming from stocks/risk and until proven otherwise BTC is just another risk asset