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But why own a Bitcoin ETF when one may simply purchase Bitcoin? Precious metals have a delivery and storage issue. Crypto does not. Why pay a management fee to Blackrock/State Street when one can own Bitcoin with a few clicks? I guess that there's a positive marketing issue to the NPCs to having an ETF, but will an ETF truly prosper? Just being devil's advocate?

Jack Spirko 2y ago

Why is there a dollar ETF, why is there a Euro ETF, why is there a gold ETF?

Get your head out of the ass of the autistic maxis asses!

No one is telling anyone to BUY an ETF with free cash, no one, hell no one is telling anyone to do SHIT with an ETF of bitcoin.

We are telling you what others will do?

As to why? Bill has say 500K in his 401K sitting in stocks, he will get fucked in the ever loving ass at 40 years of age to get his money out. Should he stay in Exxon stocks?

THINK it won't hurt, your question is very easy to answer if you look at reality instead of a feed full of bullshit. All these influencer maxis losing their shit right now will be attention whoring something else soon and will explain how you should not buy an ETF but that doesnt' mean they EVER SAID IT WAS BAD IN AND OF ITSELF even though they ALL ARE right now.

Of course there is going to be ETFs for bitcoin. If bitcoin is what we say it is, there HAS TO BE. Tell me any asset other than Bitcoin worth ever holding that doesn't have an ETF right now.

Note shitcoins are not an asset class worth holding.

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Stephan Rinbaum 2y ago

Noted. PS You are in my feed. That's how I saw your original post. Thank you for the explanation - I hadn't thought of the 401k holders who I guess cannot simply buy bitcoin in those accounts.