7min chapter

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#1376 Nic Carter on Bitcoin Mining, Trump vs Biden, and AI

The Pomp Podcast

CHAPTER

Bitcoin Adoption and Custody Concerns for ETFs

This chapter discusses the significance of influential figures like Larry Fink endorsing Bitcoin for institutional adoption, while raising concerns about the ownership concentration by entities like BlackRock. It also explores worries about the reliance on Coinbase for custody among major Bitcoin ETFs and the risks associated with companies such as MicroStrategy holding Bitcoin on their balance sheet.

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