ETF PARTNERS SUCH AS JP MORGAN ARE EXPOSED TO BITCOIN PRICE RISK WHILE THEY SOURCE THE BITCOIN THAT BACKS EACH ETF.
THIS PROCESS SUPPOSEDLY TAKES A FEW DAYS.
WOULD NOT BE SURPRISED IF ONE OF THEM BLOWS UP THIS CYCLE. WOULD BE A FUN SHITSHOW TO WATCH.
STAY HUMBLE AND STACK SATS 🫡
ODELL
npub1qn…w95gx
2024-01-29 20:40:14
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxPublished at
2024-01-29 20:40:14Event JSON
{
"id": "63532f1ec00b28039737cc4f2f937df69056b4394143006642708c80c3bb2a6c",
"pubkey": "04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9",
"created_at": 1706560814,
"kind": 1,
"tags": [],
"content": "ETF PARTNERS SUCH AS JP MORGAN ARE EXPOSED TO BITCOIN PRICE RISK WHILE THEY SOURCE THE BITCOIN THAT BACKS EACH ETF.\n\nTHIS PROCESS SUPPOSEDLY TAKES A FEW DAYS.\n\nWOULD NOT BE SURPRISED IF ONE OF THEM BLOWS UP THIS CYCLE. WOULD BE A FUN SHITSHOW TO WATCH.\n\nSTAY HUMBLE AND STACK SATS 🫡",
"sig": "9b644bf5f4742796dd2e43f3d4c59c116013b1cf7186411fd66335a1a5ea2f9ba5829bb96848471c2e986ea49faa62e804cc69f6c0849c86b0e91eeb502eb883"
}