A Little Rant About the Recently Filed Bitcoin Bond ETF…
I don’t know why, but whenever I hear about Bitcoin, ETFs, and everything crypto-related that keeps growing, it just feels all mixed up. Recently, there’s news that Strive (the company owned by D.O.G.E’s chairman, Vivek Ramaswamy) filed for a Bitcoin Bond ETF with the SEC. They say it’s to reduce government spending waste, but honestly… every day it feels like crypto news just keeps getting more complicated?
What confuses me is, why is everyone so obsessed with Bitcoin and conversion bonds? MicroStrategy did the same thing, buying Bitcoin with bond money, and now it seems like everyone’s just jumping on the bandwagon.
On the other hand, some analysts say that crypto ETFs might start getting approved under the Trump administration next year. Seriously? There have been so many rumors before, but the reality is, crypto investments still make a lot of people hesitant. I really don’t know where crypto is headed. 😤
I just hope this isn’t another hype that ends up making people regret it later. But who knows, right? 🙄