#asknostr
In case anyone was wondering, Bitcoin ETFs never really possessed any type of finality. Once their BTC holdings run dry, so does all of their potential value. It was only a matter of time. 👏🎉
Discussion
The holdings that back the ETFs just bounce from one custodian to the next, and the people that have been buying into the ETFs have no option but to sell their holdings for currencies that have been continuously decreasing in value for centuries (a.k.a. fiat). 🤷♂️ When it comes to ETFs and exchanges, it's just one vicious cycle... as always.