Bitwise’s CEO personally stepped in to buy his own NEAR ETF—using real cash to cast his vote.
This wave of institutions pushing counterfeit ETFs has moved faster than expected. Executive personal purchases are the toughest form of endorsement. But don’t rush to go all in—this CEO buy could reflect confidence, or it could be public relations. The position size wasn’t disclosed. Short-term emotion catalysts are enough, but let the subsequent net inflow data speak. Anyone who just keeps shouting orders without actually placing trades is playing dirty.
$NEAR #NEARETF #Bitwise
This wave of institutions pushing counterfeit ETFs has moved faster than expected. Executive personal purchases are the toughest form of endorsement. But don’t rush to go all in—this CEO buy could reflect confidence, or it could be public relations. The position size wasn’t disclosed. Short-term emotion catalysts are enough, but let the subsequent net inflow data speak. Anyone who just keeps shouting orders without actually placing trades is playing dirty.
$NEAR #NEARETF #Bitwise
