Part 8/14:
The conclusion was cautious: Hut 8 is not necessarily doomed but must modernize its fleet and adjust operational strategies to stay afloat.
The Impact of Wash Trading and ETF Holding Patterns
A community member asked about the "wash trading" implications for GBTC's recent selling spree, especially considering the 30-day buy-back rule.
The host clarified that most selling likely stems from retirement accounts (tax-advantaged), where wash rules are less applicable. Therefore, a sudden inflow of Bitcoin after 30 days is unlikely to cause a significant pump—though natural demand from the overall market will continue to influence prices.