/biz/ - Business & Finance

So apparently the new Bitcoin ETF in the works bundles 25 btc per share. Basically right off the bat, even to own one share or unit of the ETF you'd need $187,500, which is something most retail investors will scoff at. This is institutional money's play to raise the barrier of entry. They want to make it more difficult for the average mom and pop investor to buy bitcoin via ETF in a retirement account or brokerage account of any kind. What happens next could be one or a combination of the following.

a). They pump the shit out of BTC and create mass panic buys from normies
b.) They have already accumulated and are just tying loose ends before regs come through and SEC gives their blessing on said ETFs, once this occurs then its off to the races.

Plan accordingly. I'd also like to hear any opinions biz has regarding what the future holds. Intelligent discussion only please.

>>8839619
another moon shot attempt with cheap OTM VIX call
>>8839650
this