More wild stats: $IBIT makes up 0.2% of BlackRock's ETF lineup but has accounted for 42% of its net flows this year. $FBTC makes up 2% of Fidelity's ETF lineup but has accounted for 64% of its net ETF flows this year.
US needs more crypto exch-es that 1) server 24x7 2) demonstrate essential stability. The current regulation env has contributed to @coinbase's monopoly and poor service. The bull markets history in the past was filled with @coinbase crashes. Do we really need @elonmusk to fix?
@elonmusk really likes "X" if you familiar with Payapl story. Tesla has SEXY it's OK. Twitter is called X we are fine. The reason Payapl didn't allow a product called X is it is too close to "rated R". Paypal's worry was right, twitter is becoming the next pornhub/onlyfancs