This makes financial instruments derived from Bitcoin, the ETFs, valid. None can say Bitcoin is a fraud and be taken seriously when it is possible to buy Bitcoin ETFs using Fidelity and by Fidelity. I'm sure the group think at HN will be very much against this decision for many reasons, but the truth is Bitcoin is here to stay and is more and more accepted. Next step sovereign funds buying BTC as they buy USD or Gold. The future is here!
Sure I can; Bitcoin ETFs are an investment in regulated exchanges, not the Blockchain itself. The existence of a Bitcoin ETF is not a de-facto endorsement of Bitcoin's ideals any more than other regulated investments are representative of their assets.
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[ 0.22 ms ] story [ 19.6 ms ] threadSure I can; Bitcoin ETFs are an investment in regulated exchanges, not the Blockchain itself. The existence of a Bitcoin ETF is not a de-facto endorsement of Bitcoin's ideals any more than other regulated investments are representative of their assets.