iris

Agreed. Not that my opinion matters - it’s happening irregardless of how I feel about it. I just don’t see a world where at some point one of those products is mismanaged and people get rugged. They put the “trust” back into Bitcoin. Imagine escaping bonds and the fiat ponzi to exit into Bitcoin and then 5 years down the line an ETF which claims to have 5% of total supply is demonstrated to be insolvent. Ugly. You’re right though, it’s a natural evolution. Bound to happen.
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BlackRock is not FTX. I believe we must be careful in underestimating their intent. The quick buck is not how they do business. [808204]
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