Yeah ugly. I expected the opposite effect of the EFTs but this was classic sell on news. I will buy more of the ones I own on large dips as I am pretty loaded now. I actually don't own any BTC. More leverage on others.
And the rest will follow IMO. Folks dumping Grayscale and their high 1.5% expense ratio. Might see a reversaL if/when the lower options are bought. newest entries are around 0.20 E.R. including the Blackrock entry. JMO.