Replying to Avatar GREEK HODL

While an approval of a #Bitcoin spot ETF will affect the price don’t forget that ETF is not real #Bitcoin and this is what is meant to be.

Buy real Bitcoin only and send it directly to cold storage. Learn how to use it, run a node, open a few LN channels and enjoy the ride!

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Nado 2y ago

Its a spot bitcoin etf, by definition they have to buy btc

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GREEK HODL 2y ago

Though they don’t need to hold a 1:1 ratio.

More likely they need to hold 2 BTC for every 3 they sell.