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SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
- mikeodds 3y agoFantastic quote: Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7] To poke a nest, which other assets are used for the aforementioned activities
- isubkhankulov 3y agoPaper money and gold through the hawala networks. Both have ETFs.
- deleted 3y ago[deleted]
- 2OEH8eoCRo0 3y agoWhere can I invest in paper money ETF?
- isubkhankulov 3y agoI meant that currencies that etfs :)
- JumpCrisscross 3y agoHawala networks don’t have ETFs.
- isubkhankulov 3y agoGold does. The analogy holds.
- ChrisArchitect 3y agoMore discussion: https://news.ycombinator.com/item?id=38943291 https://news.ycombinator.com/item?id=38943291