Replying to Avatar Don't Believe The Vibe 🌱🍋🍊

Reason is some big institutions are only allowed to invest in such financial instruments, but for example not in Bitcoin directly. This way they can. But nobody of us should. Just buy Bitcoin and hold it in cold storage.
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Account deleted 2y ago

Ok. Makes sense. But doesn’t…

Why can’t they invest directly into Bitcoin. Why being forced to take the ETF route?

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Don't Believe The Vibe 🌱🍋🍊 2y ago

Think of Pension funds. They have to follow certain regulated schemes by law. Buying etfs is fine, stacking Sats is not for them. I don't make the rules 😅.