okay on a serious note. over the next 48 hours you’re going to see posts and middle-curve takes that explain why a futures ETF “sucks”. yeah, its not as good as a spot ETF, and a spot ETF is not as good as self custody. we get it. but the takeaway here is CERTAINTY

3:38 AM · Oct 15, 2021

6
9
1
96
thats the 200 IQ take for why this is good regardless. when the ETF is finally approved, it completely lays to rest ANY notion of “this will be banned”. it adds certainty, and narrative credibility. markets hate uncertainty. and the signal IS the story. dont middle curve this
3
4
0
51
Whales still need spot BTC if they want to play in futures market w the big boys
1
0
0
7
yep. sell futs, buy spot to go delta neutral and harvest yield on the contango.
0
0
0
7
Replying to @albertinvests
400 iq take => buy the rumor and sell the news
1
0
0
2
4,000 IQ take => Buy the rumor and buy the news
2
0
0
5
Replying to @albertinvests
Absolute. Great take.
0
0
0
8
Replying to @albertinvests
Great explanation and completely agree
0
0
0
2