What is Nostr?
libor / Li₿or⚡
npub17xd…mwsn
2024-02-13 09:36:10

libor on Nostr: A little bit about the #Bitcoin #ETF. I keep reading that #BlackRock, #Fidelity, etc. ...

A little bit about the #Bitcoin #ETF. I keep reading that #BlackRock, #Fidelity, etc. are accumulating. I don't know if you realize that they are just brokers for individual clients. It may look like it, but they are not whales, individual clients may be (of paper #BTC).
They don't have the ability to freely dispose of the #BTC they hold (pump & dump, etc.). In short, a direct path has opened between the printer and the hard, finite asset. Plan wisely, self-custody, understanding the BTC philosophy is the way. You can always sell etf for real BTC.
Author Public Key
npub17xdumpg3x0gv92cdvv4epcenw2kwvv4fnafmh3ktgrcwpfsj6qdqudmwsn