0 sats \ 0 replies \ @birdeye21 26 Jun 2023 \ on: Spot ETF bad for BTC? I disagree bitcoin
An ETF is the necessary bridge needed to usher bitcoin mass adoption into a fiat world.
Good for awareness, but bad for those who don't understand self custody.
Paper bitcoin is a big problem already, but ETFs will grow that problem by orders of magnitude.
Bitcoin comes with a lot of growing pains.