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by weasel_words 1850 days ago
Can you take your Bitcoin out of Robinhood? Of course not.

You do not actually own any Bitcoin at Robinhood.

There's the "middleman" in your scenario without a middleman...just a different kind of middleman.

2 comments

True, although an ETF purely in a single crypto seems exactly like what Robin Hood or Coinbase are doing but with extra, presumably non-free, steps.