Learn how to buy non-KYC Bitcoin:https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoinIn this video, I discuss the mechanisms behind ETFs ("exchange-traded funds") and how those mechanisms ensure that the BlackRock and other spot Bitcoin ETFs will be forced to purchase real BTC in order to back their investment products. This will, in turn, I believe massively pump the price of BTC in 2024 and beyond.Not only is there a global arbitrage for the price of Bitcoin, but there will also be an arbitrage between the price of real BTC and the Bitcoin spot ETFs, which will ensure that these products continue to track the gross price performance of BTC.At some point, the US government, BlackRock, Coinbase, and other custodians may go rogue and confiscate the BTC backing the ETFs-- but not for a few years. The first step is to allow the Wall Street pigs to feed at the trough for a few years.That being said, buy real BTC if you can, not the Bitcoin IOUs that the spot ETFs are. That way, you will be able to benefit from BTC's superior qualities of censorship-resistance and debasement-resistance, while avoiding getting rugged along with other Bitcoin ETF holders.Not investment advice! Consult a financial advisor. I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #etf Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=EQFWsAbzSQk