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0 sats \ 2 replies \ @Public_N_M_E 10 Jan 2024 \ on: Bitcoin Spot ETFs will not be convertible to Bitcoin for fiat currency only. bitcoin
so whats the difference in buying a share of coinbases bitcoin via the ETF and buying a share in coinbase itself??
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0 sats \ 1 reply \ @patrick1 10 Jan 2024
If you buy a share of coinbase you're exposed to coinbase's business rather than just bitcoin.
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0 sats \ 0 replies \ @Public_N_M_E 10 Jan 2024
would you put it passed CB to sell/lend/utilise the BTC they hold to save themselves should the need arise? personally i'm more for holding the coins in my name. but i do see the benefit of the ETF for onboarding.
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