Don't forget that ETFs are cash settled.

They will just print enough USD to not go insolvent. It's the endgame or the prelude to the endgame and they will go to extremes.

What bothers me is the naivete of sine self-proclaimed BTC maxis.

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if they are going to print money off the books, defrauding the federal reserve, give that cash to blackrock to settle ETF profits, while not actually buying the bitcoin, why wouldn't they just buy the bitcoin? Makes no sense.