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A key aspect of this listing is that the fund will trade almost solely on @bitfinex
Why? Because Finex has most liquidity books.
And liquidity calls for more liquidity
Q: When institutional money?
A: Now, on Finex!
More info: https://www.bitfinex.com/posts/465 https://twitter.com/Cointelegraph/status/1239480662387646465 …
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2/2 This is one of the reasons why last week, when lot of "top-tier" exchanges had huge spreads,
#bitfinex kept tight spreads across the entire duration of the apocalypse. Liquidity is much more important than volume.#crypto is learning this the hard way recently.3 replies 6 retweets 36 likesShow this thread -
Replying to @paoloardoino
I didn’t get an announcement in Cointelegraph when I joined Finex back in the day. A retrospective announcement will be expected.
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Replying to @snorth86293881
Lol. I'm more into pre-announcing announcements, but I guess we can do post-announcing announcements.
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