Saylor, Black Crock, Grayscale, ETFs, NFTs, Eth, Solana, Binance with its own coin, coin burning, stable coins, Dog wiv hat, staking, shite this, shite that.
Countless distractions....
EFTs may give some people peace of mind but so far every time we have seen "not your keys but we will keep you coin and promise to be good" end in complete disaster, I'm not sure I would recommend them.
Since the ETFs are backed by large, rich companies, shouldn't they be able to guarantee the funds anyway ?
I'm not invested personally but just wondering.
By law the ETF providers have to buy the number of BTC that are represented by the sales of shares to their clients, and I am not sure how much shenanigans they can play in that process.. surely they have figured out ways to play the various gaps and arbitrage it.... but at the same time, I am pretty sure they have to buy within a pretty short period of time perhaps less than 24 hours - and I am not sure how the weekends factor into those buying (or collateral maintenance) requirements.
There are also likely spaces between clients committing to the purchase of the ETF shares and the finalizing of the share sales price for the client and at what point they purchase the BTC and at what point the charge the client, and there could be situations where the client has to commit in advance, so that leaves the ETF provider with some wiggle room in how to play their clients.
I would imaging that some of the ETF providers play around with those time differences more than others in terms of gaining additional arbitrage, since they they seems to have good past practices of milking whatever clients that they can in the name of "good business."
About ETF i dont really know how this big companies manage internally this bags, if they have to collect profit from time to time, or if they only proceed from waht people brought or sell.
They have to match their clients.. but surely there could still be some built-in shenanigans since some of those BIG players are expert manipulators, yet in the end, the ETF providers are incentivized to pump their ETF products in order that they have more and more assets under management (AUM).. so they are ONLY going to manipulate and even suck extra value from their clients only so much.
more cheap corn for me 0.01 at 61750 nice
Nice I fully hedged off my sales in the 70's and my mining gear buy at 68k.
All missing corn is back. With more than $1000 left to spare.
At this time, my buy backs (or the interval between the sell and the buy) does not seem to be that great in terms of percentages, so maybe around 5% to trigger the first buy back and then the intervals are ONLY around 3-ish percent.. which means that my highest buy backs were around $69, and then around every $2k, so $67k, $65k and $63k, but the $61k one has not hit (yet)..
I am around every $2k down to $57k, and then they become every $1,500 until I get down to about $42k, then they start to be every $1,250-ish.. and yeah.. I am wondering how many more buys will execute.. I don't like cheering for down, but I would not mind if my $61k orders would fill since they are already very close to filling.. but if they don't fill that it is o..k. too.. For me it ONLY gets frustrating with they are less than $100 from filling .. but it happens, sometimes, which is part of the way to attempt to set orders in ways that don't cause much if any emotion about it..
