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If you're Fidelity, would it matter to you whether people held custodial sats in their Fidelity account vs holding Fidelity's ETF?
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If you're Fidelity, would it matter to you whether people held custodial sats in their Fidelity account vs holding Fidelity's ETF?
If retirement funds are able to hold bitcoin directly, I imagine that would be bad for the ETFs and BitTCs (bitcoin treasury companies).