Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by on 15/12/2025, 21:22:06 UTC
I saw this the other day -
@bespokeinvest
Since the iShares Bitcoin ETF $IBIT began trading, had you only owned it after hours (buy the close, sell the next open), it's up 222%. Had you only owned intraday (buy the open, sell the close), it's down 40.5%.
(Past performance is no guarantee of future results.)
https://x.com/bespokeinvest/status/1998466765295136947
Just shows what these creeps are capable of.
@bespokeinvest
Since the iShares Bitcoin ETF $IBIT began trading, had you only owned it after hours (buy the close, sell the next open), it's up 222%. Had you only owned intraday (buy the open, sell the close), it's down 40.5%.
(Past performance is no guarantee of future results.)
https://x.com/bespokeinvest/status/1998466765295136947
Just shows what these creeps are capable of.
Put another way: net ETF flows since the 11/21 low are +$510 million (~5700 coins) with daily spot basically flat. Doesn't make sense if these instruments are supposed to track the underlying asset...
Also notable: big weekend spot volume (75b Sat, 60b Sun vs. typical 30-40b); impressively low volume Monday (45) on this drop.
Good news is daily volume is increasing and vampires are accumulating- hardly to be expected from a market rolling over structurally.