At the current rate of buying (from one week only), ETFs will dry up the total offered supply of #bitcoin in about 6 months.
Are you FOMOing yet?
Discussion
Asset managers started promoting their products some weeks ago. If I should guess I would say that the buying rate will increase in the next months!
Always have in mind that these assets managers earn more when the etf volume grows.
.25% of 1 Billion or of 10 Billion is a huge difference and no matter how big the etf is the costs remain the same. So they have a huge interest in a fast growing etf
Their value proposition to older folks and corporations seem to be, they don’t have to worry about self-custody.
Of course, for us plebs it’s opposite. But we are not their target market.
