I'm asking you all this question for the following reasons:

1. Whether you're a trader or not, it helps to know what the fuck is going on in the crypto markets - period. If you don't, then...you're just here (at best). At worst, you're playing slots at a casino.

2. This exercise will familiarize you all some of the ways that institutional investors can directly influence the price of crypto assets in a not-so-subtle manner (while still doing it right under the SEC's nose).

3. The answer to this question (somewhat) ties into the greater narrative of how funds like BlackRock have been able to use these new financial products (i.e., spot Bitcoin options ETF that trades options contracts using the iBit [BlackRock] BTC ETF as its underlying product).

4. The importance of doing fundamental research in this space (and what that actually entails). A lot of people **think** they do research - they don't. This entire process will be an exercise in how to go digging for information to put certain pieces together (because shit isn't always obvious, but it is always right there in front of you).

5. Understanding **what** fundamental research is and how it can be more critical than actual technical analysis in many cases.

6. Pointing out another potent vector in the markets that will likely have a substantial impact on the price of various assets in the T25 throughout the bull run (and into the bear run as well). In fact, this same vector may be what ultimately precipitates the (eventual) bear run we'll see in the future.

That's all for right now! Go ahead and get to guessing everyone. Or if you know the answer, comment on this post and tell us. Gold star to whoever does know because that means you're really plugged in to what's going on 🌟