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20min chapter
#1312 Jim Bianco | Wall Street REALLY Wants Your Bitcoin
The Pomp Podcast
Bitcoin ETFs: Concerns, Fluctuations, and Impact
The chapter explores the downsides of Bitcoin ETFs, including concerns about centralization, regulation, and their role as trading vehicles rather than allocation vehicles. It also discusses the potential impact of ETF holders selling off quickly during market downturns and the fear of increased volatility. The chapter delves into the initial inflows of around $10 billion across different vehicles, comparing it to GLD's $55 billion inflows and emphasizing Bitcoin's rising interest in the ETF community.
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