ETF

tornavec

The only way Bitcoin touches $100K is with a Fed rate cut, and even that spike would be brief. Meanwhile, 5 straight days of BTC ETF outflows has me worried — are we seeing a rat exodus?

DowntownNobody8

Gold ETF is tokenized gold…

KlearCat

> Yes. That's wild. You think "Fink is actively promoting a product that he thinks will crash in the future." And what do you think they'll do after? Would they just shut down their business? That's their end game? Screw over their largest customers knowingly and then close up shop? This is one crazy conspiracy theory with the largest asset manager in the world. > Unless you want to argue that all of Blackrock's funds are great long term investments. I'm not arguing that at all. But they are clearly promoting the bitcoin ETF as a flight to quality starting at the top with the CEO. That's very different than some niche derivative ETF.

KlearCat

> would Blackrock's CEO be promoting a product like this thinking it will crash in the future? > Yes. Yes he would, when under immediate pressure to not be literally the worst performer in the S&P. I don't see the connection here. Read what I wrote again. I don't get what you think I'm asking. I'm asking do you think Fink is actively promoting a product that he thinks will crash in the future just so he can collect fees temporarily until it crashes. It has nothing to do with his share price. Literally nothing. Regardless.... Considering the bitcoin ETF is one of Blackrock's most profitable products, I highly doubt they would drop that first if they were in trouble financially. And yet you are referencing an article about temporary price movement post-earnings from 5 months ago? Seriously? What's the point that is old news and post-earning swings are common place in equities markets.

purritolover69

those are both ETF’s and not BTC. You are literally agreeing with them, that because you cannot hold BTC in a retirement account, you instead hold ETF’s

Substantial-Sea3046

"paper bitcoin" (aka ETF, derivatives, fake bitcoin) are made to extract retail money...

retro_grave

Emergency fund > Debt > tax advantaged investment opportunities (possibly with BTC ETF) > after-tax investments.

HomelessInASuit

None of this was speculation. You can literally see it on the charts and in the way volume, and shorts were being piled. They fired every single bullet in the chamber to fake the push to 127k. Once they couldn’t sustain the run up, and our orange leaders horrific tariffs, and crypto fraud schemes revealed there was actually nothing real behind the push. It has fallen ever since and looking for a true support. Then you had MSTR mNAV almost dropping below 1 and a market that’s literally too afraid to report its own data. This is just GME all over again. When in doubt they’ll repo it out. BTC was about to abridge all the way back to supports at 73k until the shorts got greedy. (Go ahead check the forex Data) CZ, Armstrong, and the exchanges do what they always do. Spark a fake liquidity drive, run a story (This way Vanguard ETF funding, bullshit it’s been around for years) spike insane volume candles out of thin air and pump another run clearing the shorts and providing short term stability. You’re actually clueless if you think any of this is speculative. Writing was everywhere.

KlearCat

You asked a question that is easily answerable. > But are you sure that they can't do that with the ETFs or similar? > they're potentially getting in without directly holding BTC on the balance sheet. Not only that but now you are making claims such as ETF providers not actually owning the underlying bitcoin. Again, this is answerable. Not sure why you are asking questions and not even wanting to know the answer.

satoshisfeverdream

Same run gold saw post ETF.

KlearCat

> ETFs are just IOU's for bitcoins - of course they can play fractional reserve games on those again. > > You can look up the documents yourself and see exactly the ETF providers are required to hold bitcoin bought in the ETFs.

KlearCat

> But are you sure that they can't do that with the ETFs or similar? > > You can look up the ETF guidelines and see for yourself. Do you worry that when you buy an ETF like VOO or SPY that the ETF provider is not actually holding the assets they claim?

seltzershark

4yr cycle is over. ETF forever

KlearCat

> If someone or a large organization was actually confident (i.e. "inside industry knowledge") that something like Bitcoin was going to materially increase in price, why on Earth would they tell the public to buy? Because Blackrock isn't buying themselves, they are selling the ETF product. The real question you should be asking is would Blackrock's CEO be promoting a product like this thinking it will crash in the future? Would Blackrock put it's reputation on the line knowing their customers were going to get screwed? Or is it more likely that Blackrock sees a future with bitcoin. > The fact we're seeing so much of this fake "adoption" It's not fake, it's real. And there is now proof as you can track the ETFs. Fastest growing ETFs ever. Months were a single bitcoin ETF accounted for 10% of all inflows of all ETFs. Largest asset manager is the world's most profitable ETF? Bitcoin. This isn't fake. This is real. > should tell you that the inverse is about to happen. So what's your move then?

BacchusAndHamsa

the average expense ratio of all Blackrock ETF is 0.3% the house always wins

Clean_Difficulty_225

If someone or a large organization was actually confident (i.e. "inside industry knowledge") that something like Bitcoin was going to materially increase in price, why on Earth would they tell the public to buy? The fact we're seeing so much of this fake "adoption" news/FOMO being stoked/etc. (the latest round is now the ETF BS, the BoA 4% allocation BS, etc.) should tell you that the inverse is about to happen, And we've already seen it begin.

Moistinterviewer

People are very easily spooked and the ETF buyers are just as bad as us, if not worse.

Amber_Sam

Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

Amber_Sam

Others already answered your question, adding a guide just in case. Read/bookmark it and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

h4l

They can, that's how ETFs charge fees, by gradually reducing the amount of the underlying asset each unit of the ETF represents.

A-Stock-A-Day

Calm before the pump. BTC coiling at 93k, ETH flexing on ETF inflows, Fear/Greed at 26 screaming oversold. Jobless claims tomorrow = rocket fuel if soft. I’m just buying small, staking on Nexo for 8-12% while I wait. Sideways is accumulation season. Dec historically rips.

Jimagon

Bitcoin ETF

HSuke

Liquidity was low for bank reserves. The rest of your comment and OP's title is just pure speculation. Show me a legit source. Your argument is basically: "A happened, B might have happened, so A must've caused B." OP's was talking about a $13.5 Billion repo repurchase, followed by a $1.28 Million purchase of Volatility Shares Solana ETF. That's 4 orders of magnitude apart. Besides, it still isn't a satisfying explaination because what we really want to know is: * Why was there low reserves * Why did people choose to buy now It could be related to JPMChase and Vanguard changes, but I'd like to see proof instead of speculation.

ElRiesgoSiempre_Vive

> Why should they buy their own product to sell to retail investors? They don't buy their own product... they manage the ETF and sell shares to investors. Whenever you buy a share of IBIT, they increase their bitcoin holdings by however much you purchased. The moment you sell your shares, they sell bitcoin. That's how all bitcoin ETFs work.

trillionSdollarstech

ETF flows of yesterday: * BTC: –$15M * ETH: **+**$140M * SOL: –$33M

AutoModerator

Post is by: Then_Helicopter4243 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pe2h21/bitcoin_looks_increasingly_like_it_did_in_2022/ Over the past few weeks, i have been noticing how Bitcoin’s current behavior feels eerily similar to what we saw back in 2022. The sideways chop, sudden liquidity squeezes, and sharp sentiment swings all carry the same rhythm. Back then, BTC would look strong on the surface, but underneath the hood, exchange reserves were shifting, leverage was unwinding, and retail confidence was fragile. Fast forward to now, and the parallels are hard to ignore. Derivatives positioning looks stretched, open interest is elevated, and retail participation seems thinner compared to institutional flows. Macro uncertainty, from rate cuts speculation to global risk sentiment, is also weighing heavily, just like it did during that cycle. For traders who lived through 2022, this is a reminder that caution and risk management matter more than chasing every green candle. Another similarity is how narratives can flip quickly. In 2022, optimism around adoption and institutional inflows was often overshadowed by sudden liquidations or regulatory headlines. Today, we are seeing the same tug of war, bullish catalysts like ETF demand and self custody trends are clashing with short term volatility and market fatigue. Its a tricky environment where patience and discipline become the real edge. Personally, i am trying to balance exposure with defensive plays rather than going all in on momentum. To stay safe, i am participating on Onchain Mystery Box Phase 3 that is live on CEXes like Bitget and others. For me, it’s less about chasing hype and more about diversifying strategies while the market feels unstable. Do you see the same parallels with 2022, or do you think this cycle is fundamentally different given the ETF inflows and broader institutional adoption? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

SeriousGains

This time is different^TM Remember 2018 - Bitcoin ETF’s, Institutional money is here Remember 2022 - Tesla accepts BTC, Bitcoin treasuries, Nations accumulating

-_VoidVoyager_-

So Bitcoin has a finite supply by is now part of an ETF??? Need a new Bitcoin

Aggravating_King1473

Jokes aside...80% globally diversified equity ETF, 20% BTC I used to be 5% BTC about 6 years ago and have increased my position, and BTC gains have helped.

coinfeeds-bot

tldr; BlackRock CEO Larry Fink has softened his stance on cryptocurrencies, acknowledging his evolving perspective during the New York Times DealBook conference. BlackRock's iShares Bitcoin Trust ETF has become the largest US-listed bitcoin ETF, amassing over $70 billion in assets and becoming the firm's most profitable product. Fink highlighted tokenization as a transformative opportunity for finance, while emphasizing the need for regulatory clarity through the Clarity Act to further develop crypto market structures. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ProjectStrange3331

Nope. Empty nonsensical words. If you are a true believer in bitcoin and understand why it exists, selling your etf for fiat worthless cash to buy actual bitcoin will not go as your mind envisions. ETF owners are simply investors and traders. They own no bitcoin and will never realize the befits of bitcoin when it’s actually needed. If you don’t believe in the reason for bitcoin and what it will hopefully become, then buy ibit or strategy or whatever. But it just isn’t owning bitcoin when owning bitcoin actually matters.

jawni

Looks like we got a Solana Derangement Syndrome sufferer here. yeah I'm sure **bitcoin**.com is running Solana propaganda... Solana ETFs have been doing great, it's been reported literally everywhere, it was a 20+ day streak of only inflows. Not sure why'd you think anyone covering something like that would be propaganda, especially from this specific source. [Solana ETF Inflow Streak Ends at 21 Days With $8.1M Outflow as Bitcoin and Ethereum Funds Rebound](https://yellow.com/news/solana-etf-inflow-streak-ends-at-21-days-with-dollar81m-outflow-as-bitcoin-and-ethereum-funds-rebound) [US spot Solana ETFs report 10th consecutive day of net inflows](https://www.theblock.co/post/378309/spot-solana-etfs-tenth-consecutive-inflows) ["The latest figures extend Solana’s streak of 20 consecutive days of positive inflows, marking one of the most resilient ETF runs seen in the digital asset market this year."](https://finance.yahoo.com/news/solana-etf-inflows-hit-record-001807172.html) [Solana ETFs Defy Market Crash: 19 Straight Days of Inflows](https://www.aol.com/articles/solana-etfs-defy-market-crash-203544317.html) [Solana ETFs Record First Net Outflows as SOL Price Recovers to $140](https://coincentral.com/solana-etfs-record-first-net-outflows-as-sol-price-recovers-to-140/)

Teqtoke

Assuming nothing goes wrong with the companies that were trusted to hold this for you. Or nothing goes wrong with the banking system, or the stock broker you use. If you wanted to hold some gold, just in case things hit the fan, would you rather keep a gold coin/bar or some kind of paper/ IOU, like an ETF. Not your keys, not your cheese.

lord_of_cryptos

Lot of people think 4-year cycle is broken because institutionals have come in the loop. Though people don't understand that most of these interact through ETF (not directly effective blockchain) which has a very small effect on the actual value. Furthermore institutionals have OTC access which also limit the impact on prices. So no, 4-year cycle is not broken as long as institutionals invest like in traditional finance.

Then-Veterinarian-41

Here's what btc being adopted by the financial markets means (warning: AI slop) With the approval and explosive growth of spot Bitcoin ETFs in 2024–2025, Bitcoin has effectively become a “stock-like” asset in the eyes of traditional finance. This integration into regulated equity markets has quietly opened the door to the same abusive short-selling tactics that have plagued equities for decades—most notably, naked shorting. Here’s how it works now: Rehypothecation of ETF shares and underlying Bitcoin Authorized Participants (APs) such as Jane Street, Flow Traders, or large banks can create new ETF shares by delivering Bitcoin (or cash that is immediately used to buy Bitcoin) to the issuer (BlackRock, Fidelity, etc.). Once created, those ETF shares enter the broader securities lending ecosystem. Prime brokers borrow these ETF shares, lend them out, and the borrowers can sell them short. Failure-to-deliver loops become invisible In traditional equities, naked shorting is technically limited by Reg SHO and the requirement to locate borrowable shares. But because Bitcoin ETFs settle T+1 (and sometimes effectively T+0 via creation/redemption in-kind), failures-to-deliver (FTDs) in the ETF shares can be masked almost indefinitely through the creation/redemption mechanism. An AP can “create” new shares to cover a short position without ever forcing the short seller to buy Bitcoin on the open market, creating what is effectively a synthetic long that dilutes the real supply. Custodian-level rehypothecation The actual Bitcoin held by the ETF custodians (Coinbase Custody for most major funds) can itself be rehypothecated in ways that are opaque to investors. Coinbase and other custodians offer prime brokerage and lending services. A custodian can lend out the same Bitcoin collateral multiple times across different silos (ETF holdings, margin lending, derivatives collateral, etc.), creating fractional-reserve exposure far in excess of actual coins held. Paper Bitcoin via derivatives layering Large institutions can now sell short the ETF while simultaneously selling futures, options, or structured products that reference the ETF. Because the CFTC and SEC have jurisdiction over different pieces, no single regulator sees the full net short interest. The CME Bitcoin futures market already routinely trades 5–10× the real deliverable supply; layering ETF short interest on top amplifies this further. No meaningful buy-in requirement Unlike physical gold ETFs (which eventually face delivery pressure when shorts get too large), Bitcoin has no industrial demand floor and no central bank reserve requirement. Shorts can remain open for years as long as the creation/redemption arbitrage keeps the ETF price tracking the Bitcoin index price. The only thing that forces covering is a sustained, sharp price increase that makes the borrow cost (already 1–5% annualized via securities lending) prohibitive—or a run on redemptions that custodians can’t meet with real coins. In essence, the arrival of spot Bitcoin ETFs has transformed Bitcoin from a purely bearer asset with a strictly capped 21 million supply into something that behaves, in the regulated financial system, like any other heavily rehypothecated security. The “stock” (the ETF share) can now be naked shorted in unlimited quantity as long as the creation/redemption machinery keeps turning and custodians are willing to accept ever-increasing counterparty risk on their balance sheets. The hard 21 million coin limit still exists on-chain, but in the paper markets that now dominate price discovery, Bitcoin has become dilutable—just like the U.S. dollar after 1971. The only difference is that the dilution happens through Wall Street’s traditional tools (ETF share creation, securities lending, and custodian rehypothecation) rather than a central bank printing press.

Romanizer

They have their own income fund that bought their ETF: https://www.coindesk.com/markets/2025/11/28/blackrock-s-own-income-fund-boosts-bitcoin-etf-holdings-14 Why should they buy their own product to sell to retail investors? Also, the share of retail investors is significantly decreasing. The share of US-based investors with AUM >$100m increased from 20% last year to 30-40% right now (numbers still pending).

MathematicianFar6725

They are selling spades in a gold rush, that's all. If the fools are rushing in, they'll happily sell you all an ETF/spade

ElRiesgoSiempre_Vive

I've seen nothing that validates this statement. At all. Their ETF is bought by retail investors. That's the entire model of an ETF by definition. Where are you getting this from.

Cryptognito

I’d also say 98% of financial advisors offering bitcoin ETF don’t have a single clue how a blockchain actually works

Romanizer

They are buying their own ETF holding over $600m of that now.

AutoModerator

Post is by: Gullible-Tale9114 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pdp9wf/bitcoin_just_got_completely_absorbed_by/ Between November 24 and December 2nd we saw three massive moves. JPMorgan filed to launch leveraged products tied to BlackRock's Bitcoin ETF. Nasdaq proposed to quadruple the limits on Bitcoin ETF options from 250,000 to 1 million contracts. Then Vanguard, who always said no to crypto, suddenly reversed course and opened Bitcoin and other crypto ETFs to their \~50 million clients on a platform that oversees around $11 trillion. This is wild because Vanguard's leadership was publicly against Bitcoin ETFs just last year. Now they’re effectively offering access to spot Bitcoin exposure to tens of millions of investors. Bank of America is letting 15,000 financial advisors recommend Bitcoin starting January 2026 with allocations between 1 to 4 percent of portfolios. What makes this interesting is the timing. This all happened while retail investors were panic selling and getting rekt. Institutions basically waited for retail to capitulate then swooped in with their infrastructure fully built out. Sovereign wealth funds like Abu Dhabi Investment Council increased their Bitcoin positions as regular people were exiting. But here’s the catch – while institutions are embracing Bitcoin through ETFs and derivatives, index providers like MSCI are simultaneously trying to exclude companies like Strategy that buy Bitcoin directly for their treasuries. MSCI proposed removing these companies from major indices, which would force them out of a lot of passive funds. So Bitcoin is getting institutionalized but mainly through fee-generating products that banks and asset managers control. The original model of companies holding Bitcoin directly on balance sheets is facing obstacles, while ETF models that generate recurring revenue for financial firms are getting pushed hard. Bitcoin was supposed to work around the traditional system but now it’s basically being absorbed into it. Thoughts on this shift? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

ElRiesgoSiempre_Vive

Uhhhh... what? Per Coinbase: > BlackRock's iShares Bitcoin Trust (IBIT) is a spot bitcoin ETF that was approved by the U.S. Securities and Exchange Commission (SEC) on January 11, 2024.

VariatCA

Nikkei-225 steadily climbing back up, U.S. stock indexes are just a couple percent from their highs, CME Group has the Fed Rate Cut odds for a cut next Wednesday inching up a few more notches to 89%. Meanwhile, Crypto is entering its third week since the November lows, with BTC up 16% and ETH trying to breach 3200 to be +21% from there. Bitcoin is flirting with being YTD-green, and this is slowly but steadily enticing ETF shoppers to more confidently return to their investments.

__Haplo___

ETF inflows haven’t started yet. That upward pressure won’t hit till later. Outflows look to have stopped though. Boomers must be done selling low.

coinfeeds-bot

tldr; BlackRock's iShares Bitcoin ETF suite has become the firm's most profitable product line, driven by the launch of its US spot Bitcoin ETF (IBIT) in January 2024 and subsequent global expansions, including Australia and Brazil. IBIT quickly amassed $70 billion in assets and generated $245 million in annual fees by October 2024. With allocations nearing $100 billion, BlackRock now holds over 3% of all Bitcoin in circulation. The ETFs are popular for their accessibility, liquidity, and use as portfolio diversifiers despite Bitcoin's volatility. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; BlackRock CEO Larry Fink discussed his evolving stance on Bitcoin, shifting from associating it with illicit activities to embracing it as an asset class. Speaking at The New York Times’ DealBook Summit, Fink referred to Bitcoin as an 'asset of fear,' influenced by global events like the US-China trade deal and the Ukraine war. BlackRock has since launched a spot Bitcoin ETF, the iShares Bitcoin Trust, which reached a peak value of $70 billion. This marks a significant change from Fink's earlier critical views on cryptocurrency. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ElRiesgoSiempre_Vive

> only the buys of BlackRock Inc. are entirely for themselves No... BlackRock isn't buying for themselves. They're buying for their bitcoin ETF which is held solely on behalf of clients, according to everything I've seen.

FrankSlipHelp

They are called an ETF, exchange traded fund. >https://protos.com/microstrategy-pauses-btc-buys-says-mstr-shareholders-dont-own-its-btc

FrankSlipHelp

>You actually own the companies if you have the ETFs though otherwise why would you buy them over stock if they didn’t give you rights? You ever been on a shareholders call owning an ETF? You ever had voting rights owning an ETF? No, you do not actually own the companies, you do not own an ETF’s underlying asset, you own the rights to a share of the underlying asset, you have no rights over the underlying asset itself. If you actually owned bitcoin you could send me a Sat, can you do that? You say you own bitcoin, can you buy something with the ‘bitcoin’ you own? No, because the MSTR owns the bitcoin, you own a product that MSTR has sold you, a share in an exchange traded fund. Crypto ETFs give exposure to crypto to those who do not want any of the responsibilities that owning your own coins comes with, KYC with crypto, holding on DEXs, custody with wallets. Some who prefer an ETF or ETP are also interested in the security of the institution that offers the , and the security of their own buying platform, they are interested in tax savings, some are interested in investment in these ETFs within a 401(k) or Roth IRA. Lots of reasons, none are about rights to the underlying asset. >Come to the light... get yourself some bitcoin for a rainy day, whether you get it through MSTR, etfs as you like, or on an exchange, or in a wallet... it’s really a great invention. I use to mine btc, btc use to be like change in your car’s center console, like many when cards and energy increased it became another game for deeper pockets. When the bch fork happened that is when I stopped stacking btc, when btc had a great run up last cycle I dumped into altcoins and made multipliers btc hasn’t seen in over a decade. Great invention, poorly cared for and executed.

Amber_Sam

>Is it too late to get in? Is it too late to plant a tree? Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

VariatCA

The absolute garbage that gets spewed here is crazy sometimes. The "ETF makers" aren't selling the Bitcoin (yes, real Bitcoin, not whatever a "fake bitcoin" is) under their custodianship. Clients can purchase or sell shares of an etf such as IBIT, and depending on how many shares they purchase/sell, that is how much Bitcoin the ETF will purchase at-spot to hold for you. Right now it's about 1755 shares of IBIT for the equivalent of 1 BTC. I don't know what "all shares are distributed" is even supposed to mean, in the context that the more shares Clients own, the more BTC that the ETF will hold in custody.

KazuFromUniswap

I believe Cathie Wood herself is invested in BTC and Ark owns some BTC ETF

Romanizer

Yes, you would need to look up the quarterly 13F filings, which is a bit complicated IMO. However, I like this site here: https://13f.timechainindex.com/?ticker=ibit&period=2025Q3 It shows that for example BlackRock Inc. Increased their holdings in the IBIT ETF from roughly $500 million to $650 million during Q3 2025. Q3 figures are still processed but it looks like all Wall Street banks increased their exposure significantly. The caveat here is that 13Fs do not state if the institution is holding for themselves or for clients. However, BlackRock wouldn't need to buy their own product to sell it.

biba8163

**Crypto ETF(s) Volume on 1st Day of Trading** | ETF(s) | Volume | |:-----------|------------:| | BTC | $4.5 Billion | ETH | $1 Billion | XRP | $59 Million | SOL | $55 Million | LINK | $13.81 Million | HBAR | $8.5 Million | LTC | $1.5 Million

SnooMachines7409

Not always true. ETFs also have fees and buy-sell margin, and will always have a slippage where price of ETF will be slightly lower than actual BTC. For example, FBTC which is Fidelity's bitcoin etf is down -3.85% in the last 1 year but bitcoin is only -3.47%.

DryMyBottom

does she owns BTC or its ETF?

Advanced-Summer1572

There is no limit to the amount of Ethereum being created. Unlike Bitcoin, and its 21 million mined limit, ethereum will continue to create more. Unless every person on the planet decides to buy and continue to buy, the return will cease to be an incentive to invest in the ETF or the coin. Just my opinion. Until ethereum comes up with a new process that heretofore has not been available? It is just another coin transfer and verification process, like Solana (which is faster and cheaper).

ConstantAd5107

It is a limited supply. Not like dollar bills. The dollar will decrease in value because of the huge deficit spending. Bitcoin goes up because it can't be increased in supply. Via ETF it now gets played with. Most holders now are still in an unrealized gain position... I would think. Even gold gets increased via mining. Right? The OBBB may be affecting it somehow?

AllUrUpsAreBelong2Us

People will whine about this but ETF's require very little effort on those with stock trading accounts. Easiest path possible wins 99.9% of the time.

colonisedlifeworld

An ETF cannot do a hard fork. It’s a fund, not a network. What are you talking about? If you’re referring to BTC doing hard fork, yes, shareholders will not receive the forked tokens.

Calm-Professional103

1.  MCSI threatens to delist MSTR for having more than 3% digital assets 2.  JP Morgan debanks Jack Mallers 3.  Jaime Dimon working on a high fee derivative product that tracks Blackrock’s IBIT ETF instead of Bitcoin itself.  Wall Street’s gambit is to control the rails and extract fees from an asset that otherwise they can’t touch.  Be careful who you call “friend”. 

DreamingTooLong

If a Bitcoin ETF does a hard fork. You don’t receive both forks. That’s a big enough reason right there to hold your private keys. December 2017 a lot of Coinbase customers sued Coinbase over not receiving both forks. It’ll be the same exact thing with ETFs.

HolySachet

Precisely. No translation needed. I was a very early young bitcoin believer myself, and it took me a bit of time and maturity to understand this: fees and banks were built for a reason. Thinking that billions of people would rely on a piece of paper or a piece of hardware to safeguard their whole net worth is naive, if not delusional. What if your appartement burns down? What if someone finds your private keys? What if when you die, your wife does not understand it and throws it away? The more time elapses, the most difficult it gets: moving appartements, countries, changing furnitures, etc. The only real safe way to keep a private key safe is to use... well, a safe. 99% of people will hold BTC in a custody of some sort, exchange or ETF. Then you have the 1% of nerds/maximalists who won't. That's the simple truth.

Lostwithsight

I am bullish but don't forget what they have done to gold and silver! Don't buy ETF's.

OccasionalXerophile

LINK ETF announced, chart looking primed for lift off

harvested

Why is Vanguard relevant? You realize ETF volume and flows are published, barely moved the needle. I think you're playing into that news too much, that's your own fault.

the_bagel_warmonger

Not always. Fidelity's BTC ETF keeps their coins in cold storage.

FrankSlipHelp

Not your keys not your coins. I own ETF’s and Mutual Funds that own shares in many companies, I don’t think I own shares or a % of any of those companies. Not angry, how can any altcoiner that has time in the market be angry? Our gains make us very very happy. It is the altcoiners who are new that are angry because they can’t see the forrest for the trees.

PatMu5tard

Not a direct impact from actual Vanguard ETF purchases, but the news itself definitely contributed

ParkingNecessary8628

This ETF is not good for retail.

Fabulous-Wasabi-9358

I wish I wasnt perma banned there. Trolling them had become my favourite pastime. On my behalf, can someone please post there what they think about the worlds largest asset manager admitting that the Bitcoin ETF is their most profitable product. Let their heads explode.

DryMyBottom

how much do you think Vanguard adding crypto ETF contribute to the green we are seeing since yesterday?

ThatInternetGuy

MicroStrategy stocks are more like leveraged Bitcoin ETF. If Bitcoin gets below certain price, MicroStrategy would be liquidated.

Substantial-Sea3046

Yes, and fomo was on ETF not on spot...

OkSeries5363

The gold seizures don't apply to Bitcoin. The 1933 gold move was about consolidating a physical asset because it literally backed the US dollar. The US government had to confiscate gold to effectively devalue the dollar and increase liquidity, something they cannot achieve by seizing Bitcoin. ​The government's goal then was to manage the currency and stabilize the financial system, which was tied to the gold standard. Bitcoin or gold does not back the US dollar. The dollar is now fiat currency. Its value is not backed by any physical commodity, but is instead controlled by fed interest rates and its balance sheet If Bitcoin backed the dollar, it would be a very different story. While a general confiscation is vastly unlikely today, requiring an almost impossible act of congress that would also destroy faith in the US financial system. Your point is valid, if the government ever did seek to seize assets in a crisis, it would be far easier for them to target a regulated financial entity like the ETF issuer than millions of individuals using self custody wallets.

merdekabelajar

ETF makes bitcoin more rigid and not as fluctuate as it used to be

warmhole

This is all a advertisement for ETF

VariatCA

It's nice to know we're on the uptrend from the November lows. One of the biggest Outflow days was November 20th at -$900M, and that day *began* at 92k and closed around 87k. Bitcoin (currently) reclaiming the 93k+ mark might entice some of those ETF clients to jump back in, though it might take a little longer with the recent volatility of the last couple days. But when ETF's do buy back in (if we continue trending upwards), there's potentially $3 Billion in November outflows that might jump back in.

VariatCA

Oh right lol. Looks like +$58M total inflows, with the biggest changes being IBIT +$120M inflows and ARKB at -$91M. ETF's still dragging their feet a bit about being convinced of a reversal before hopping back in with the sort of volume Outflows saw in November. Though that still makes 5 consecutive days of positive ETF inflows, and 6 out of the last 7.

nayfun55

IBTC an Australian Bitcoin ETF allows In-Kind Withdrawal / Redemption. Looks to be quite a process but it is possible.

Creamy_Martini

If you don't want cold storage you should buy via ETF

Romanizer

Yes, but they also bought their own fund. Not only for their customers but also for BlackRock Inc. That company is holding significant shares in the ETF.

XWaas

Wdym you moved all your crypto from cold storage to fidelity but not keys and not crypto???? You sold your crypto in your cold storage and used the proceeds to buy ETF?

slothrages

Starting Jan. 5, the firm's CIO-covered bitcoin ETFs will include the Bitwise Bitcoin ETF ([BITB](https://finance.yahoo.com/quote/BITB)), Fidelity's Wise Origin Bitcoin Fund ([FBTC](https://finance.yahoo.com/quote/FBTC)), Grayscale's Bitcoin Mini Trust ([BTC](https://finance.yahoo.com/quote/BTC/)), and BlackRock's iShares Bitcoin Trust ([IBIT](https://finance.yahoo.com/quote/IBIT)).

slothrages

I attempted to buy IBIT and another bitcoin ETF on Merrill Lynch finally that the Bitcoin price dipped to my target of \~80K. It won't let me. The tickers are all restricted.

cryptolipto

Chainlink ETF live. LFGOOOO

VariatCA

ETF's and holding on Exchanges are in the same ballpark. You own it to an extent, you can buy & sell it "any time you want" (only during business hours and unless there's maintenance / service outage), and you have 0% possession of it otherwise. You've got less than zero protection if that Exchange goes under while they have possession of your asset. Again, all you have with MSTR is exposure to a company that *actually* owns and controls Bitcoin. You have no Bitcoin at all.

VariatCA

ETF's are buying real bitcoin, just in a roundabout way for the customer. Placing an order via ETF, by law, requires the ETF provider to immediately purchase the crypto at-spot on the market at the same time the order is executed. It's also the same in reverse, when a client sells their ETF stake, the ETF provider must also simultaneously sell at-spot. This is a legal requirement for a Spot-ETF to ensure that they aren't directly manipulating prices, such as selling off client's BTC without their knowledge to drive the market down and hopefully buy back cheaper later. Of course it's not nearly the same as being in *possession* of their crypto, but they do have authority and ownership of it through their custodian. ...Now buying Treasury Company stocks, that's a whole different matter lol.

VariatCA

After how the last few weeks have gone for ETF flows, I'm looking forward to seeing tonight's published numbers for inflows/outflows in a few hours. Considering BTC's price action and Vanguard's introduction to ETF access, today might be one hell of a swing upwards in total inflows.

glizzy_goblin710

I will say FXAIX (fidelity 500 index fund) made me a almost 4 grand from like April to October and then I put that into a crypto ETF hehe. Definitely performs well over time too.

trimbandit

I would argue that for many people an ETF is safer than self custody. "We have met the enemy and he is us"

b1mm3rl1f3

\- Bank of America now recommends a 4% Bitcoin and crypto allocation to wealth management clients \- Total Spot Bitcoin ETF volume surpasses $5.1 billion today. \- Federal Reserve officially ends quantitative tightening \- $11T Vanguard is opening the door to Bitcoin ETFs and hit $1,000,000,000 within the first 30 mins I have a feeling we're about to see a Santa rally. Markets are designed to make max pain, only a select few make it, but are rewarded heavily. BTC and ETH will never look back 😉

trimbandit

An ETF is backed by SIPC for 500k

warblade7

Self custody is still not very noob friendly. For some it will be better to have their exposure via an ETF than not educated on self custody and being exposed to nonstop scams and phishing attempts.

MathematicianFar6725

Selling spades in a gold rush, i.e selling an ETF product, is not the same as buying for themselves. They're happy to make money from fools without having exposure themselves, who wouldn't be

mckenzie_keith

I don't follow microstrategy. I would not expect the value of microstrategy to track exactly with bitcoin. But I am sure bitcoin will recover somewhat from where it is at now. You might as well hold on for now. Not much point in liquidating it from here. Hopefully strategy/microstrategy will rise and your ETF shares will be worth something. I am sure your life will not literally be destroyed. You are not the only person to make a foolish gamble and lose everything.

RonMexico16

Honestly comparing MSTR to a leveraged, covered call ETF is one of the better ways to look at it as a “company.”

rocket_beer

An ETF is a fiat - to - fiat transaction k thanks

Jellydude25

My ETF didn’t settle in time so I couldn’t buy the dip.. that’s all I have to say, I feel like. Just buy and HODL

Knight925

the big ETF companies have so so so much money in other assets, that they could always compensate lost BTC if they wanted to. Blackrock specifically. And they also diversify and use oversight. A single exchange can break much more easily.