What does the BTC etf mean?
That pension funds are paying Bitcoin paper.
Is that it? Anything greater than that?
No, not really. 😂 Other countries have had Bitcoin ETFs for a while. The American securites and exchange commission has just been weirdly dragging their feet for years, so it was a lot of drama.
American arrogance is always funny to observe. Lol. It must be amusing hearing this from an American. 😅
Here's a good explanation of why this has become such a circus: https://www.zerohedge.com/crypto/sec-democrats-dissent-crypto-mom-commissioner-crushes-arbitrary-capricious-slow-walking-spot