Brokerages stop customers from buying spot bitcoin ETFs

Bitcoin ETFs Notch $1.9B in Trading Volume—But Merrill Lynch, Vanguard Won’t List

The newly approved Bitcoin ETFs reached $1.9 billion worth of volume by midday, with BlackRock and Fidelity leading the pack.

https://decrypt.co/212523/bitcoin-etfs-notch-1-9b-in-trading-volume-merrill-lynch-vanguard-wont-list

Bitcoin is described as a system that “would allow online payments to be sent directly from one party to another without going through a financial institution.”

These events provide a moving example of the game theory behind bitcoin. As the saying goes, capital flows to where it is treated best.