Curios to know how you think about MSTR / BTC ETFs. I imagine the FCA will eventually get its act together and approve the ETFs in the UK, do you think there will be a big rotation? Do you think any material impact for MSTR?
Discussion
Yes it’s a good question, but probably not to be honest. Lots of people predicted the same would happen to MSTR when the US ETFs came along, which turned out to be seriously wrong, so my guess is everyone tends to overthink these impacts.