in fact BTC and this rose quite a bit the first day. BTC just cooling off right now, its been almost straight up for weeks. calm down we got much higher highs to go
MonetaryRebel
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@Wealthfreq that only happens if we allow hyperinflation to take over. Bitcoin exists because of the infinite credit expansion that has been allowed for over a decade. Either rates go up (despite the majority thinking it's not possible), or Bitcoin's price rises along with everything else.
MonetaryRebel
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@Wealthfreq The Bitcoin boat isn't the worst boat, but i'd say there are others with a lot better potential. This futures etf is tying together Bitcoin with the most overleveraged market of all time. That's just a fact.
imkylev
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Or, BTC is having a pull-back after a run up to an ATH and the ETF for bitcoin futures follows Bitcoin because it's an equity of a BTC derivative and not the other way around.