🚨 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?

#SpaceX #bitcoin #IBIT $SPCX #crypto