Corporate Bitcoin Buying Spree Crushes ETF Demand for Third Straight Quarter
Wall Street's ETF hype can't keep up with public companies stacking sats.
Mainstream adoption? More like main-street accumulation. While retail investors fiddle with Bitcoin ETFs, corporate treasuries are going straight to the source—and they're buying bigger than ever.
The institutional end-run around Wall Street's middlemen continues unabated. Public companies just doubled down on their cold storage strategies, leaving ETF issuers scrambling for scraps.
Who needs a Bitcoin ETF when you can buy the real thing? (Spoiler: not these companies.) Another quarter, another nail in the coffin of 'financial innovation' that's really just rent-seeking with extra steps.