Derivatives on derivatives. What can go wrong?

Humans love debt and leverage, they think they can do what they did to gold, but they underestimate how a 24/7 market like this can cook their models, I look forward to seeing these products blow up in spectacular fashion and even if they don't some will F up their custody and its bye bye bitty

This moment?

i dont know what that is but it aint p2p btc'ing, so 🙅‍♂️🙅‍♂️🙅‍♂️

Feels like the former but doesn’t hurt the latter so still good from standpoint of bringing institutional awareness to #bitcoin? I’m not an expert in bond ETFs though full disclosure