10 sats \ 0 replies \ @Coinosphere 18 Dec 2023 \ parent \ on: Not so toxic rant, but this ETF stuff made me realize something bitcoin
Effectively: No.
We could make some non-custodial smart contract that acts like an ETF just fine, but no one bothers to because we all know in advance how regulators will treat it.
And if the SEC doesn't approve it then it won't be touched by any fund managers at all. No real money could possibly be moved into it.