🚨 What if Wall Street banks dump their massive IBIT $BTC holdings because clients are rotating out to chase @SpaceX IPO (~June 12)?
• Goldman ~$690M IBIT
• Morgan Stanley $1.24B BTC ETFs
• JPM 8.3M IBIT shares
• BofA $37M
• Citi ~$150M
IBIT already bleeding hard with $500M+ daily outflows + $1.3B dark pool sale. Liquidity drain incoming?