20 sats \ 1 reply \ @Ice9 3 Nov 2023 \ parent \ on: What do you think the next major win for bitcoin will be? bitcoin
Maybe the difference between gold ETF and Bitcoin ETF here is that we can audit the real supply easily.
I don't fully understand how the $$ settled futures ETFs can manipulate BTC price, but how will the spot ETFs sell more BTC than they own if we know how much BTC they own? It won't be hard to call them out on that if they try to get sneaky.
The could dilute it like they do stocks 🤔 the splits if they say they want to give people more exposure to bitcoin at a cheaper price they will be the abitures of truth for paper bitcoin we shall see how it plays put and what changes they propose to their paper coin
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