Over 1 million bitcoin are now owned by the spot ETFs globally. Is this becoming a problem? https://image.nostr.build/c0e3f33fce54d7cf9c81a6046688d2911e2444d9d6b5ebdad957bc526c7b2235.jpg
I’m gonna go with yes. [as he clutches every tighter his stack of sats]
You mean Coinbase and Fidelity?
Great point.
It wasn’t too long ago that Wells Fargo got busted for opening credit cards under customers accounts without their permission to boost their numbers. Good thing these behemoth ETF issuers would never do something like that because they’re not driven by profits by any means necessary………..