If these spot ETFs get approved in the US: blackrock, invesco, and wisdomtree will likely* want to have "the biggest" ETF -- i.e. bigger than greyscales holdings. There is not quite enough bitcoin on exchanges to cover the demand.
greyscale: 626k btc (https://www.coinglass.com/Grayscale)
total on exchanges: 1.8M btc (https://www.coinglass.com/Balance)
3 spots: 1.87M btc (it's just math, people)
if all three want 626k+ btc they need us to chip in and help out.
will you help our friendly fiat overloads to stay in control and sell your btc at these low, low prices?
* I assume they will all want the biggest because it fits my narrative.
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