The inheritance of large amounts of Bitcoin is indeed a challenge, but a compliant ETF that allows for two-way exchanges might be a solution. It may not be perfect (there will be some friction at the thousandth level), but the benefits are obvious, making the inheritance of compliant assets simpler. I recommend the Hong Kong market 2818 Pan-Du Bitcoin ETF, which might also help you obtain investment status in Hong Kong.
陈剑Jason 🐡
陈剑Jason 🐡26.7. klo 07.48
The official press release from Galaxy has reported on the sale of 80,000 BTC by ancient whales. The market's ability to absorb such a large amount is truly impressive; even with such a big dump, it only slightly dirtied the edges. Additionally, Galaxy definitely knows the identity of the clients but cannot disclose it due to confidentiality principles. It's worth noting that in the press release, Galaxy mentioned that this sale is part of the whales' estate planning strategy, which means this whale might be quite old, hence wanting to convert the BTC they've held for so long into cash for their descendants? But wait, you old OGs keep saying you want to pass down BTC through generations, so why is it ending up as cash? 🤣
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