they bought when the premium was high and some got scared out by sec lawsuit
the ones that held are now flat to nav so holding real BTC would have been better in dollar terms (even without distribution through unchained ira etc)
also missed out on owning real corn that can't be confiscated
to me the biggest risk with all of this is always confiscation by gov or forced liquidation
Agree on the last point fully. But new administration seems to quell that fear, for now. At least in the US.
What are your thoughts on Unchained?
Does Fidelity buy them or another big player?
Maybe, would they want to sell? Feels like customers are growing with the Bitcoin price so they're well positioned.
I think them and river are the best in terms of financial services with a real Bitcoin core.
💯💯
I can’t see them not getting acquired. For huge huge money. They’ve built what the big boys all want to get into.
