🚨 JUST IN: BlackRock and Fidelity ETFs now hold 3.74% of #Bitcoin's total supply — 784,461 $BTC and counting.

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It is crazy that we aren’t able to hold bitcoin directly in registered accounts and are forced to go the ETF route. I don’t believe it would be that difficult to setup a system where #bitcoin is held directly.

They use your money to acquire bitcoin for themselves