Does that not seem odd to hear that crypto is now available as a (etf), you know where they sell you a paper, digital illusion of ownership and say you are invested in crypto. OXYMORON?
People who do read my ramblings know I own a small amount of Crypto, mostly Bitcoin, Cosmos and bits and drabs of others. All pretty much useless as any sort of investment but how long before there are ETF of every crypto? Seems a bit odd to think of it that way but who controls the market when there are billions being poured into Bitcoin and ETH, ETFs?
The whole operation reminds me of the Comex and the rigging of "futures markets" in that paper con. You buy paper gold and silver and think you own a bit of physical but you do not.
Just like Bitcoin and ETH financial products for ETFs. More digital air?
How many millions will be dumped into this system of ETF's?
The every idea seems to defeat the "supposed" orig idea of Bitcoin, free of private banks manipulation. You know the Federal Reserve and others.
Corporate paper products for those who wish to own illusion instead of reality.