This summer, someone said that there was no chance of a Bitcoin ETF until Binance went down/got under control, because the SEC needed the “biggest” exchange to be one with trading transparency that a domestic public company like Coinbase could provide.

So I assumed “okay, give it a year or two, no way Binance goes down that easy”… And yet, here we are. By that argument, ETF is waiting in the wings - here come the suits.

Stack a little harder today, anon 🫡