MachuPikacchu on Nostr: People were hating on Gensler for pushing back on ETFs but have you considered that ...
People were hating on Gensler for pushing back on ETFs but have you considered that maybe an ETF for money doesn’t make sense and those products encourage the “bitcoin is property; lever up against it instead” narrative?
It was inevitable that Wall St would show up but it’s not something to celebrate. They blew a hole in the housing market years ago and we still haven’t fully recovered. They’re not good bedfellows.
Published at
2025-11-06 15:22:17 UTCEvent JSON
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"content": "People were hating on Gensler for pushing back on ETFs but have you considered that maybe an ETF for money doesn’t make sense and those products encourage the “bitcoin is property; lever up against it instead” narrative?\n\nIt was inevitable that Wall St would show up but it’s not something to celebrate. They blew a hole in the housing market years ago and we still haven’t fully recovered. They’re not good bedfellows.",
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