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Derek Ross 2y ago

The VanEck #Bitcoin ETF will use the $HODL ticker symbol. VanEck will use Coinbase to custody their coins for them. Ironic.

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BitPopArt 2y ago

All just marketing 😅

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Paul 2y ago

I was impressed when I saw that the Fidelity fund plans to self-custody, but I guess it’s not surprising given their history. For those who have accounts where the money is unfortunately locked into trad-fi, the Fidelity ETF seems like the only one of them worth considering.

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Derek Ross 2y ago

fidelity is the only one out of all of them that is doing it correctly.

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MattA 2y ago

I will continue to use me as the trusted custodian of my Bitcoin.

Although it is yet to be seen if I am a truly responsible custodian.

honestly, it’s debatable.

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Derek Ross 2y ago

this is the way.

it's also the way to teach newcomers the differences between having a piece of paper saying you own the asset versus owning the asset.

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MattA 2y ago

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no₿ody™ 🧱 2y ago

Did an etf get approvid? 🤔

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Derek Ross 2y ago

No, just listing of the ticket symbol. Fidelity's is $FBTC.

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no₿ody™ 🧱 2y ago

Wow 😂 way to go fEYEdelity as saylor would say

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xiangcai 2y ago

gamblers arriving the casino

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🐢 2y ago

I heard off Bloomberg that VanEck was going to use Gemini for custody. Are you sure they’re going to use Coinbase? I saw a graphic that showed Fidelity was going to self custody, hashdex was unknown, and 9 of the 12 are using Coinbase. If vaneck is using Coinbase now that would be 10 of 12.

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Derek Ross 2y ago

I've seen it reported both ways. Either way, they're not HODLing anything.

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🐢 2y ago

Fidelity is the only legit one.

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signal_and_rage 2y ago

🪦