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by inter_netuser
1610 days ago
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a SEC approved spot ETF is needed for institutional access, not retail. Several countries have already approved such vehicles, and nobody imploded. Retail is already all the way in. Institutions have mandates that restrict them to trading venues, types of instruments, jurisdictions (some can only invest domestically, and so cannot use foreign ETFs), and so on and so on. There is a reason why MSTR was able to raise mountains of debt to buy Bitcoin. It's all institutional money. |
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