I'm wondering which ETF will be the smartest to withdraw their coins from shitcoinbase and self-custody. Will it happen?
Discussion
Fidelity already does. Probably only matter of time before others follow.
Inevitably, yes. Some will figure out self-custody and others will go to an unknown Coinbase competitor for those coins that hasn’t yet popped up.
CNBC will say the funds were misappropriated and bitcoin has failed again.
Eventually. Things are speeding up but we are dealing with suits, they will need to touch the stove a few times. They are still a ways from realizing that there are consequences for which their contracts, lawyers, and insurance policies cannot shield them from.
I understand that it would be important to decentralize the custody of BTC, however, these funds managers are not idiots and right now I feel that Coinbase has the edge regarding this.
Coinbase are offering different services for different types of investors. I doubt that BlackRock has problems like retail does.
I believe that people in this space are quick to judge and should do more research as much as they researched Bitcoin.
what if is made on purpose.. all settled for the biggest rug pull ever? but don't you worry, ETF owners will get back their hyperinflated dollars back.. 🤣
Maybe doing it together. Getting hard to get bitcoin to buy. Bam. Coinbase down.