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A comment on If crypto is “scam”, why Fidelity and Blackrock are trying with ETF?.

Re:If crypto is “scam”, why Fidelity and Blackrock are tryin... by BlakeSimpson on Thursday June 29, 2023 @01:27PM (#36523625)
Because people want it is the short answer.

The way these companies see it, if theres a demand and an opportunity to make money, they go for it. Paired with knowing the GOV will always bail them out, it's a no lose situation.

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Re:If crypto is “scam”, why Fidelity and Blackrock are tryin... by mkrishnan on Thursday June 29, 2023 @03:42PM (#36525709)
Yes, as long as they have an opportunity to make money, they will leverage it.
[ Parent | on HN ]