Christie's commissioned the Beeple work to sell as an NFT. Why would an auction house do that?
There is more to it than speculation. There is a con where something went on. Maybe the auction house commissioned the money to pay for it and had a 69.3 million fee.
It saddens me that journalists have chosen not to follow the money and ask the questions.
They absolutely don't. There's no art collectors or amateurs in this game, only speculators.