BlackrockBitcoin (BTC) $110,781.07 and Ethereum 
$2,644.83After the ETH (ETH) is now on the agenda with Spot ETF for Altcoin XRP. This development has already increased the excitement in the crypto currency world, especially in the Altcoin market. However, according to some experts, this development has serious risks for small investors. Black Swan Capitalists’ founder Van DellAccording to such an ETF step will mainly work for Wall Street. Dell, XRP ETFIn the opinion that it is designed for corporate interests, not for individual investors.
Blackrock’s XRP ETF may not be as innocent as it seems
The fact that a huge financial institution like Blackrock is directed to XRP can be perceived as transportation of crypto currencies and especially Altcoins to the mainstream. However, Van Dell thinks quite differently about it. According to him, such a move crypto currencyit means surrounding the rules of the traditional financial system of the market rather than encouraging the direct use of s. Dell summarized his determination by saying, bir A disciplined XRP serves the interests of institutions, not individuals ”.
According to Dell Spot XRP ETFwill only give the investor the right to track price. So it will not offer direct access to the XRP network. Neither the use of a wallet, neither the freedom to do trading nor the potential benefits of the protocol will be revealed. In this context, the XRP ETF investor will only follow a graph, but it will not be a part of technology. In other words, there is a situation in the middle of the principle of decentralization of crypto currencies.
Corporate earnings may be from individual loss
Another point that Dell draws attention is why ETFs are more attractive for large companies. At this point, institutions such as Blackrock underlined that thanks to ETF structures, it can move in harmony with regulatory institutions such as SEC. This minimizes legal risks. In addition, a regular and predictable income flow is obtained thanks to annual management fees. Directly crypto currency There is no such income model in purchasing.
Moreover, large funds can create price volatility in the market by using the processes of creating and retaining ETF shares. This allows them to make a profit with conscious timing. Dell, Blackrock’s Bitcoin ETFHe claimed that he clearly showed it. According to him, this system, which is played with the emotional reactions of investors, is always big fish. Small investors are affected by loss of these fluctuations.
In this table, small investors both lose their control over the entity and move away from real property. In other words, an investment model is mentioned as if it had it without having it ”. According to Dell, this means an opposite approach to the essence of crypto money.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
