I hate the ETF involvement, I don't trust them to have full reserve, and since its cash in cash out we can't wreck them with a run on bitcoin
Discussion
🎯🎯yup. It’s the opposite actually. They can play the price now & wreck HOLDERS when it suits them.
Most of these ETFs hold their bitcoin at Coinbase so Coinbase would have to collude with the ETFs to be fractional reserve. Unlikely IMO
I'm sure bankers wouldn't ever collude (looks at federal reserve) hmmm.... Maybe they would