There were no ETFs at the time. All of this started on Jan 11 for the ETF market. And that's fine. Just like the Amish can continue to use their horses. Nobody is forcing them to use modern machinery. The issue isn't that they don't have an ETF, there are already 11 now I think. The issue is at their brokerage. They won't let customers buy them. Can you imagine having an account at IB or whatever, and finding out that they prevent you from buying certain stocks because they don't like them? Its one thing when a government says bitcoin is bad since the government hates the freedom bitcoin provides, but an investment company should only be concerned with making money for its customers. If they purposefully prevent you from buying one of the likely best performing assets of this decade, that is just dumb. Imagine you not being able to buy GOOG or Apple or MSFT 20 years ago!!!
Of course they are right to complain! It seems you are not even a player on their platform, nor have you seen the drama, boycott, and dumpsterfire going on over there. The CEO 'refused' to allow their own clients from using ETFs that would aid their COMPETITORS. So, NO spot ETFs what-so-ever. Now their customers got screwed every which way while missing out on the biggest ETF inflows in history (and so did the flag-ship Vanguard). Do you understand now what happened?
He's also 55 years old,so after 33 years at Vanguard he will seek employment elsewhere?? If I was a betting man...
It doesn't matter what I remember at this point, since BTC is back to near ATH. You's rich (again). Fucking A! ( When you re-invite me onto your yacht, I'll take any, not just the one on the right. I cannot afford to be choosy at this stage. )
BTC just went OVER ATH, so you are definitely in profit! AHAHHAHAH! Rock n' roll has the heart of soul! Ahahahah!
Technically every person who has ever bought BTC and held onto it now has a profit, which is pretty amazing.
Yes, which means I may analogize this. Hmm. (It is fun picking on forum owners. Especially Baron. Wheee.)