Black rock can get bitcoin next day after selling shares so this is why… (Reddit Bitcoin)
(My main language is portuguese).
In the future this is having low effect in prices
But in the first day. Black rock did a risky and Clever strategy
People sold microstrategy Marathon and bitcoin futures… Everything plunge…
People used this money to buy etf from Black rock
Black rock did not bought the bitcoin so we had an unbalance and bitcoin prices plunge
So Black rock bought bitcoin cheaper to back their previously sold shares
submitted by /u/marcio-a23
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