Phew, it’d be hard to figure if the SEC’s approval of bitcoin ETFs says more about the corrupt dysfunction of DC, Wall Street, or Tech. Good thing you don’t have to choose. It’s a shamefully pathetic indictment of all three. The FT writes, “While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin,” he ( SEC Chair Gary Gensler) said, telling investors to “remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto”.
It's another layer of leverage. I really do need to re-issue "Inflated"