/biz/ - Business & Finance

>>57270913
>The ETF makes bitcoin accessible to anyone with a brokerage account. It also doesn't have the crazy fees that Coinbase has.
>Also if you have money in an IRA an ETF allows you to buy bitcoin. With an IRA you're taxed when you take money out of it, but transactions inside the IRA are tax-free.
this is exactly the kind of thought process that will get everybody into these and out of their wallets, which are now clumsy and stupid and a liability. bitcoin is de-risked for retail traders, at last!
and then blackrock will short invesco's ETF in the options market
and invesco will short templeton's
and templeton will short vaneck's
and vaneck will short fidelity's
and fidelity will short wisdomtree's
and wisdomtree will short grayscale's
and grayscale will short BZX's
and BZX will short bitwise's
and bitwise will short valkyrie's
and valkyrie will short hashdex's
and hashdex will short blackrock's
and they'll all be right if there's even net $1000 of selling pressure in the network itself
oh whoops look at that. what's going on, dudes?