RE: Week through Adrian's Lenses (20-26 April 2024)
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Yeah, but also maybe they don't want to lose the war on crypto, and open a door to people with money from China to invest in ETFs from Hong Kong. Maybe, just a supposition. ETFs can be controlled much better than crypto.
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That is definitely true. Since it is mostly big corporations offering ETFs, they are definitely beholden to the government, and in effect, can be more controlled.