Feb. 14, 2022
Do NOT approve a GBTC Bitcoin ETF or any Bitcoin ETF. There is still way too much bitcoin price manipulation done by Tether and other stable coins on unregulated crypto exchanges like Binance and Huobi. Until these stable coins are highly regulated, or banned, they will continue to manipulate the price of Bitcoin which makes it impossible to gauge fair market value. Most retail investors do not understand the scheme of how endless stable coin printing artificially manipulates the bitcoin price. A spot ETF would be an absolute disaster! Thank you.