1/ We are not tourists to bitcoin. For 7 years—since 2017—we have been advocating for the approval of an ETF and educating the market through breakfast seminars in our midtown office, research papers, and more.
9/ We ETF sponsors also stand on the shoulders of giants. We didn’t laugh but listened when Tyler and Cameron explained Bitcoin in 2013. @tyler@cameron
10/ And other ETF sponsors like Fidelity, Grayscale, Valkyrie, and Bitwise have been contributors, not to mention regulators like Chris Giancarlo, Brian Brooks and Hester Pierce who moved the bureaucracy.
If I was a spot Bitcoin ETF issuer, here is how I'd win the AUM battle:
1. Put Bitcoin white paper on my website
2. Write open letter to BTC community
3. Donate 1% of my fees to BTC devs
4. Run a full node at my HQ
No out-of-pocket cost, but would speak volumes to bitcoiners.
#BTC supply will max at 21 million. U.S. Money supply is around 21 trillion. Let's watch these numbers over the coming years.
@vaneck_u @tyle@matthew_sige
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