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Replying to Avatar Byrger Tidesson

from my understanding of ETF, they might be used to leverage short the underlying asset. The Blackrock ETF could then be a dangerous attack to bitcoin price. While we, privileged citizens, could stack cheap sats, many people will be hurt by this. I'm thinking about emerging small circular economies and poorer country citizens having all their savings in bitcoin. Also, this volatility could scare a lot of precoiners away. What do you think?

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The Servile Statist 2y ago

super short answer but I think in the long run sat stackers create a hard-to-stop short squeeze against someone shorting a spot ETF.

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