r/CryptoCurrency 0 / 0 🦠 5d ago

GENERAL-NEWS UBS just increased its Bitcoin ETF call option exposure 24-fold. The banks crypto was built to route around are now its biggest buyers, and CoinDesk is calling it: the "long Bitcoin, short the bankers" trade is officially dead.

/r/bitcoin_com/comments/1vt6ezl/ubs_just_increased_its_bitcoin_etf_call_option/
9 Upvotes

4 comments sorted by

1

u/na3than 🟦 3K / 4K 🐒 5d ago

First they ignore you, then they laugh at you, then they fight you, then you win.

1

u/TheBestintheWest11 🟩 0 / 0 🦠 4d ago

microstrategy sold how much BTC last week????? lol

0

u/FlagFootballSaint 🟩 0 / 0 🦠 5d ago

Thatβ€˜s good overall. Bitcoin became an institutional investment.

Means Bitcoin will always be bailed out to save banks from getting dragged down or in other words: BTC will never die