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Princedede 2y ago

Here are some of the benefits of #Bitcoin ETF:

Increased institutional investment: It would allow institutional investors to gain exposure to Bitcoin through a traditional ETF. This would provide a major boost to the crypto market, as institutional investors have a lot of money to invest.

Increased liquidity: Also, it would increase the liquidity of the Bitcoin market. This would make it easier for investors to buy and sell Bitcoin, which would make it more attractive to investors.

Reduced volatility: It could help to reduce the volatility of the Bitcoin market. This is because ETFs are typically more stable than the underlying assets they track.

#Crypto #Bitcoin #Nostr

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Mister Great 😎♻️ 🚛 🍏 🗽 🥾 🌆 ⚡ 2y ago

Be careful what you wish for... many people see an ETF as a validation for all their years of preaching....

The price will be very high but the distribution will be very low... Not a pretty world.

So many still do not have any....

That's my 2 SATS on this ETF business.

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Not my name 2y ago

Buy #bitcoin. Self-custody. Repeat.

And run your own node.

Just keep it simple. ETFs are a weapon of the legacy financial system.

Bitcoin is perfect as it is.