@jaimeflozad
Among them, BTC is BTC, but BTC is not equal to MSTR and IBIT. Although MSTR indirectly allows investors in US stocks to hold BTC by holding BTC, it does not directly obtain BTC. Although IBIT is an ETF that tracks the price of BTC, it cannot be delivered to BTC in essence.
So providing liquidity to these three is actually to help investors with Bitcoin to seamlessly switch between Bitcoin, US stocks and ETFs. Let’s talk about a practical application scenario. For example, Steven
@Trader_S18
has BTC worth $1 million. There are no other assets except BTC. If you want to change your living standards through BTC profits, you need to sell BTC, even if you sell one, or take BTC to pledge on a mortgage lending platform. Whether it is Web2 or Web3, there will be certain risks.
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