Hello,
in the last weeks of the past year and the first weeks of the current one, at least in the traditional business and financial media, the topic of Bitcoin ETFs in the US has been highlighted. All the biggest asset managers (Blackrock, etc.) have taken a step closer to bitcoin. Not because they like him or understand him. They know that it is a new class of assets that can record great interest from investors in the near and distant future. Especially given the fact that traditional asset classes and their profitability are questionable in the future due to the collapsing dollar system. They do all this for fiat earnings. At least that's how it seems at first glance.
There may be an ulterior motive where operators would collect large amounts of bitcoin from the market, which would then be seized by the US government. Currently, there are said to be 3 million coins liquid in the market.
What do you need to know about bitcoin ETF?
Nothing!
A Bitcoin ETF is not Bitcoin. It's not yours! You can't reach him. It does not allow sovereign governance of bitcoin. It is purely a fiat product that milks investors with entry/exit and annual fees.
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