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Bad News is Good News

The Compound and Friends

CHAPTER

Why You Shouldn't Approve a Bitcoin ETF?

There are some very rational reasons why Gary Gensler's not approving a Bitcoin ETF. But I'm saying if you're going to approve the other thing, it makes it harder to justify and not approving it. Just on leverage and inverseETFs, there is no particular, I don't think they serve an awful lot of purpose. Every day, the leverage and inverse S&P and triple Qs are the biggest things that trade on the investment world.

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