What does the BTC etf mean?

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That pension funds are paying Bitcoin paper.

Is that it?

Anything greater than that?

No, not really. 😂

Other countries have had Bitcoin ETFs for a while.

The American securites and exchange commission has just been weirdly dragging their feet for years, so it was a lot of drama.

American arrogance is always funny to observe. Lol. It must be amusing hearing this from an American. 😅

Germany doesn't allow single-component ETFs, as that makes a market too easy to manipulate, but I think Canada has one.