BitWise #Bitcoin ETF is now available for recommendation by Registered Investment Advisors of $30B in assets, one of the largest advisor networks in the USA- BitWise CEO
Get ready for a deluge of inflows......
Fiat has value because someone trusts the Central Bank. #bitcoin has value because it’s finite, immutable, decentralized, censorship-resistant, and open to everyone.
Forget a Bitcoin ban in the U.S., here's why:
Too intertwined: Bitcoin's become deeply woven into the financial fabric. Forget the "FOMO" argument, it's already integrated!
Profiting giants: Even major finance players are earning big from Bitcoin fees, and guess what? That generates tax revenue for Uncle Sam! ️
Tech-tonic shift: Remember the dot-com boom? Embracing innovation like Bitcoin could be another key to future American prosperity.
They might try to control wallets, not ban:
Expect regulations around self-custody wallets, maybe pushing people towards "protected" ETFs. But the fight against the inevitable? Futile.
Banks profit off the lower class by charging fees and interest,
They acquire funds from the middle class at no cost,
And then loan it to the upper class, amplifying their wealth further.
#Bitcoin on all exchanges hit lowest level since 2017. In connection with the increased demand by ETFs and the upcoming Bitcoin halving, there will be even fewer coins in circulation.
It’s not priced in. Supply shock is real.
