Metaplanet CEO: Bitcoin ETFs Will Not Weaken the Advantage of Bitcoin Treasury Companies
Jinse Finance reported that Simon Gerovich, CEO of the bitcoin treasury company Metaplanet, stated on the X platform that some people claim ETFs are a negative factor for Metaplanet, but this is not the case. Bitcoin ETFs rely on capital inflows to be supported; otherwise, the amount of BTC they hold will never increase. In contrast, bitcoin treasury companies like Metaplanet always hold a fixed amount of BTC, so ETFs are a "static exposure." The two play different roles, and ETFs do not weaken the advantages of bitcoin treasury companies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NEAR Protocol Price Surges Above $5 as Breakout Momentum Builds
Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response
Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly
After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.
US Treasury yields continue to rise! Cleveland Federal Reserve President: Government and AI compete for funds, fueling rate hike expectations
Cleveland Federal Reserve President Loretta Mester stated on Friday that the recent sustained rise in long-term U.S. Treasury yields is the result of multiple factors working together.
Crypto prices
More
