Imagine buying a Bitcoin ETF when it's so easy to buy and hold actual Bitcoin π
Discussion
Bitcoin is only obvious to bitcoiners. Buying into stocks is what most people do so buying into bitcoin is normal ETF is normal for most as is a miserable life π
Imagine choosing a eth ETF instead believing the upside is higher ππ€‘
Imagine buying BSV right now thinking that you're front running a BSV ETF because a bunch of people on Shitter told you that CSW is going to win COPA v. Wright and force all the ETFs to use BSV instead of Bitcoin. π€―π€£π€£π€£π€£π€£π€£π
Yeap π€‘
doh! π€¦πΎ
Itβs really not for big ass money manager amounts though
Buying/selling a lot of shares of a spot ETF results in the same price slippage as buying/selling actual Bitcoin on the spot market. Either way large buyers need to use an OTC desk. The ETF changes nothing in that respect. What it does is gives Wall Street a more efficient tool for price manipulation through options trading on those ETFs.
Dude the cantillionare bag boys wonβt dare hold their clients keys
regardless anyone paper shorting will be wiped