Bitcoin Maximalists and Mainstream Investors Clash Over Bitcoin ETFs
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Max Keiser claims Bitcoin ETFs don't actually own any Bitcoin and warns the U.S. government plans to seize them.
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Eric Balchunas debunks myths about Bitcoin ETFs, clarifying that investors do own the underlying BTC.
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James Seyffart argues Bitcoin ETFs face fewer issues than gold ETFs regarding purity and fakes.
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The clash exposes a divide between maximalists who prioritize direct ownership versus those seeing ETFs as crucial for mainstream adoption.
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As the Bitcoin ETF debate heats up, a key question is whether these instruments dilute decentralization or boost accessibility.