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.
Published at
2024-02-13 09:36:10Event JSON
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"content": "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). https://m.primal.net/HcTc.gif \nThey don't have the ability to freely dispose of the #BTC they hold (pump \u0026 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.\nhttps://m.primal.net/HcTd.jpg ",
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