Buying ETFs over spot bitcoin as a sovereign wealth fund is WEAK. But, a very bullish signal nonetheless.

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Let them dip their toe, we all did 😁

Sovereign Wealth in Name Only

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Agree. What the heck?

Maybe this is just to announce and they already hold like 200k.

Glad to see you saying this, Marty.

Far too much cheerleading of this going on.

Fuck ETFs.

Fuck all derivatives.

Bitcoin only.

I dont think it's long-run bullish. Nation state buying is inevitable. Rehypothecation is not.

Not even $1B? 🥱

So much for the “sovereign” part of the sovereign wealth fund.

Their fiat mindset is our edge. Once they truly understand permission-less money that number will 100x

Would anyone expect sovereign wealth funds to hold Bitcoin keys, Caldcards, seed phrase steel plate backups and at the same time have many of them because multisig off course…

Lol… that’s just hopium based on a good night lullaby

Coinbase will take care of that and Saylor´s bitcoin