>new etf filing for LINK, xrp, ada etc>no threads on biz yetBiz is fucking worthless now
>cardanoWhy are they trying to recreate Enron?
>>59303292>0.39% is that dust left in their wallet?
>>59303309Does it fucking matter you worthless retard?
>>59303327It does. If I buy $100 worth of this ETF, thag would only contribute $0.39 of buying power on LINK, right? Seems kind of worthless.
>>59303292>fucking polkadot instead of DOGEliterally the spx of crypto, boring ass flatcoins. we need the nas200 equivalent
>>59303292>ADA, UNI, DOT XRP
>>59303353seems kind of a good idea.you're holding an unrealized loss bag, I don't think they proposed this allocation because they like to lose money
my linkies so stinky
LINKcels trying to ride the XRP/ADA alliance coattailspathetic
>>59303353>$100Not everyone is like you poorfag
ETFs are a way for someone to own something, without physically owning it.Boomers normally wouldn't touch crypto with a 10 foot pole.The same boomers possess most of the wealth in Western countries.ETFs are a way for them to buy crypto, without having to deal with any of the complexities of crypto.ETFs reach an buyers they would never reach otherwise.Imagine Boomers investing into crypto, through their 401K, through an ETF.In short, ETFs will pump the bags of every crypto that is a part of that ETF.
>>59303292>Cardano more important than linkKek, ouch
>>59303292Is this sell the news gonna trigger a mini crash?
>>59303292>its got XRP in ittrash
>>59303793>Is this sell the news gonna trigger a mini crash?
>>59303292what are the net fees?and who buys a crypto index? I don't want to hold half that trash
>>59303292>another top signal
max cringe boomer picks. now you know why they only make <5% per year and celebrate it
>>59303309It's an index so they just track relative by mcap for their list of eligible chains
0.39It's pathetic
>>59303381even if the etf is like 10 billion that is still only 30 millions worth of linkthats nothing lol
>>59303292Hey I hold most of these coinst. 2020 ancient oldfag
>>59305791Sh-shut up adem We won!!!!>-0.39%
>>59303292is this just an index based on mcap? for example lets say link flips avax and ada, would link then get .66%? or are these percentages permanent for each token
>>59303292>.39% - Chainlink>.38% - BitcoinCash.01% higher, wew that's sad.
>>59303309its by market capso in essence this etf will be a gains multiplierevery eom it gets rebalanced so when altseason happens that auto buys from boomer btc into the alt the rises mosti'll leave it to you to figure out the implications here
>>59306554is this what they meant by singularity? every index etf that has btc at some insanely high percent, once flipped by a certain hexagon will automatically.... omg.
>>59303369no
LINK IS PAWWWWWWthetic
>>59303292>LINK>0.39%That's way too much LINK.
>>59303292read the room, no one gives a shit.
>>59303361>>59303358>>59303300I hold ADA and DOT based on the sole premise that /biz/ hates them
>>59304232>and who buys a crypto indexpeople that want to put this in their retirement account so they get a drastic tax reduction when they eventually cash it out at retirement. This is more for long term holding rather than trading.
>>59303810NGMI
