Quote from: OutOfMemory on Today at 07:55:05 PM

Quote from: BTCETFInvestor on Today at 05:47:40 PM

Some of the OGs here are clearly uninformed about such financial matters...so grown men childishly act out like bullies due to their own ignorance Tongue

Hm, my recent impressions (or hopes?) were that @BTCETFtroll came to his senses and stopped posting toxic shit.
I'm a bit disappointed now Angry

To say the least...

Maybe somebody else would explain the difference between an OG diversifying a minority of his self-custodial BTC holdings into derivatives, stonks, (physical) metals etc., and a Paper-Bitcoin holder trying to stir up regulars of a legendary Bitcoin thread with toxic shitposts, which seem like being written by a (seasoned?) teenager.

OOM - Maybe you need to learn a thing or two about spot Bitcoin ETFs! Roll Eyes

As of now, Blackrock and Fidelity hold almost 1 million Bitcoins, consisting of 773,000 Bitcoins in custody with Blackrock and 203,315 Bitcoins in custody with Fidelity to cover their spot Bitcoin ETFs, 'IBIT' and 'FBTC' with millions of shares being bought up. You should be happy about that because they are locking up Bitcoin supply! Or do you not know that? Maybe all you care about is being a fucking ignorant bully!

These two global financial giants have almost the same amount as the top 100 public Bitcoin Treasury Companies (jointly holding 1,038,119 BTC).

That's a total of almost 2 million Bitcoins when Blackrock and Fidelity's holding are added to the amount of BTC Public Treasury Companies jointly hold!

And, with the demand for Blackrock's 'IBIT' and Fidelity's 'FBTC' spot Bitcoin ETFs these financial companies will be buying up a lot more Bitcoins!

Back off asshole!