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Fernando Nikolic, founder at Perception, discusses how traditional finance institutions developed ETF wrappers to enable suits to trade Bitcoin in a similar manner to tech stocks during regular hours.
Nikolic notes that these ETF wrappers were created primarily to facilitate seamless entry and exit for investors, not to build long-term conviction in Bitcoin. He highlights that when Bitcoin's price drops, corporate holders with less commitment are likely to exit their positions quickly.
Nikolic previously commented on how a 15-9 Senate vote on stablecoin yield might have sparked U.S. bank run panic. He has also shared that Christine Lagarde warned euro-denominated stablecoins could pose a threat to financial stability in Europe. These statements reflect his ongoing focus on institutional and regulatory responses to digital assets.