The tweet was deleted by the author.
But we saved everything 🙂.
Gabor Gurbacs highlights that the existence of Bitcoin treasury companies stems from Strategy presenting itself as a publicly traded ETF-like vehicle before Bitcoin ETFs were approved.
According to Gurbacs, this early positioning attracted the first institutional flows and led to subsequent portfolio placements. Now, these companies compete in the ETF space.
View post on X Loading...
Gabor Gurbacs has previously commented on major shifts within digital asset markets. He reported that USDT handled nearly 700% of USDC's 30-day trading volume, noting divergence in trading activity. In another instance, Gurbacs critiqued hedge fund strategies referencing the Citadel incident and highlighted the risks of insufficient situational awareness when leveraging.