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✍️BitMEX founder Arthur Hayes cautioned that the success of Bitcoin ETFs managed by traditional asset managers could threaten Bitcoin's essence. ☀️He expresses concern that if Bitcoin becomes a state-controlled financial asset, people may opt for ETF derivatives instead of holding actual Bitcoin in self-custodied wallets, risking the decentralization principle. #ETFTrends #ETF

✍️BitMEX founder Arthur Hayes cautioned that the success of Bitcoin ETFs managed by traditional asset managers could threaten Bitcoin's essence.

☀️He expresses concern that if Bitcoin becomes a state-controlled financial asset, people may opt for ETF derivatives instead of holding actual Bitcoin in self-custodied wallets, risking the decentralization principle.

#ETFTrends #ETF

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🏋️CRYPTO HEADLINES TODAY📣 here are the key updates for this morning: 📆 The SEC has postponed the decision on BlackRock's application for trading options on spot BTC-ETF until April 24. Also, the decision on allowing CBOE, NYSE, and Nasdaq to list options for BTC-ETF has been postponed. 📄 BlackRock files an application to purchase spot BTC-ETF for its Global Allocation Fund. 🔪 Santiment: While the crypto markets remain stable over the last 24 hours, the battle between AI coins and memecoins has resumed. 🇺🇸 The U.S. will challenge the court decision sending Do Kwon to South Korea for extradition. 🌐💼 #news
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