/biz/ - Business & Finance

This is autistic fucking bullshit. If there is sufficient demand for ETF there will be ETF, it isn't that big of a deal. The meme is that it makes crypto holders rich and I will warn you about this for the final time.

Any fucking retard can easily purchase, and if they want to secure the physical bitcoins, even the deadshit pajeet can do this, it is fucking trivial. The real restriction is only on the short selling of bit coins, the boomer bears still literally have no way to do this. When ETFs materialize the door will be open and there will be no survivors.

If you want to make money you will buy the news and sell when ETF actually launch, just like last time. Print this out, you will not be warned again.

>>10713720
The rejected ETFs were directed to small retail investors, the SEC will have to give some fucking explanations if lots of small investors lose money on a bitcoin ETF.

The CBOE is directed towards institutional investors, the minimum buy will be something like $300k, the SEC doesn't feel like it has to nanny these investors so if there is enough demand they will approve it.

>>10713847
>Any fucking retard can easily purchase, and if they want to secure the physical bitcoins, even the deadshit pajeet can do this, it is fucking trivial.
You're fucking wrong. For most boomers to purchase right now, they'd have to sign up for a Coinbase/Gemini account and wait ages for an invasive/complicated verification process that will takes ages to complete, and once completed they would have to pull money out of their investment accounts and send it to a sketchy ass exchange where there are restrictive buy/sell limits. Then they have to learn what a fucking wallet is and learn how to secure their fucking shit. Do you think boomers even know what a sha256 hash is? Get fucking real, you idiot. ETFs would allow normies/boomers to easily invest in Bitcoin while eliminating the risk of them having to secure the coins themselves or know how shit even works

fuck of america and fucking kikes

>>10713964
They had no trouble piling in last year, no normie is sitting on the sidelines wishing he could buy $100k bit coins if it wasn't so difficult. The boomers you are talking about only want to short, if anything.

>>10714008
You think a bunch of boomers held up their passports in front of a webcam and sent Coinbase thousands/hundreds of thousands of dollars to buy Bitcoin last year? The majority of would-be Bitcoin investors absolutely did not fucking do that. If you think ETFs are primarily being pushed as a shorting vehicle then you are fucking delusional. Bitcoin ETFs are being pushed as a means to open Bitcoin investing to the multi-trillionaire dollar ETF market that's swarming with boomers and normies who are interested in Bitcoin, but can't be fucked to learn how to secure their coins or trust a sketchy ass exchange. Open your god damn eyes, and stop falling for the evil jew shorting memes

>>10713971
what do we do bro they're gonna kill this shit :(

>>10714054
Boomers willing to lay down hundreds of thousand dollar bets on fucking bit coins can do so on the trusted CME via their broker. Small time boomers are entirely capable of holding up a passport or merely having their retarded basement dweller to set it up for them. What reason does this boomer even have to buy now that the FOMO is gone?

ETFs are primarily being pushed to open the market up, I am saying the majority of that new pressure will be downward from the boomers still laughing at worthless internet money.

>>10714054
>You think a bunch of boomers held up their passports in front of a webcam
y-yes