Can someone please explain this?
Isn’t there a fiduciary responsibility for Blackrock to HODL to help with price stability rather than trading it to make it more volatile?
Discussion
You know they dont have anyone else's interest at heart. It's a Satanic company silly goose.
I’m not worried about their interest for others, but rather the scrutiny they’re under by being heavily regulated, doesn’t it forbid trading commodities like they are securities?
Commodities DO trade like securities.
For individuals, I’m aware we can buy
/sell as we see fit
But I was under the impression the ETF is designed to keep stacking and HODL long term, ETFs were suppose to stabilize volatility, in theory, because less coins are in circulation
I mean that makes sense. But if they can move the price down and repurchase otc and accumulate more, why wouldn't they?
You need to take some time to study ETFs.
They’re nothing more than a package which makes it easier to buy and sell the underlying asset.
They do not hold unless the owners hold. They do not sell unless the owners sell.
1) no. They do not
2) they are fiduciaries of the ETF, meaning they do what their clients tell them to do.
They do what their clients tell them to do, clients probably want to sit in cash since chinas invasion of taiwan is imminent, tensions between venezuela and the US flair up and Russo-Ukraine war escalates
