From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin

[sirty143]

From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin ETFs GBTC and IBIT

According to a recent earnings filing, Edmond de Rothschild Holding S.A., a private banking and asset management entity linked with the distinguished Rothschild banking family from France, holds shares in Grayscale’s GBTC and Blackrock’s IBIT. See more for yourself here.

Your opinion is greatly appreciated.

[TomPluz]

Well, this is quite expected as there is no qualification criteria to invest in Bitcoin ETF...no matter if an organization is linked to the elite club that has had been dictating the world of finance and money for decades. In fact, we don't even know if this outfit has BTC indirectly being held or if it is planning to enter the Bitcoin club in the coming days. This is an investment firm so I am sure it is always looking for ways to make more money and with the kind of a very attractive ROI that BTC can offer, it find it hard to resist not to join the game. Now, I am also sure that other firms with the same history, resources and inclination are now looking on how they can take advantage of the cryptocurrency craze and make millions in the process but for now they can just be shy about it until we learn something on their required annual financial report.

[robelneo]

This is expected since Bitcoin goes mainstream; financial giants will try to have control of people's wealth

a founder of the Rothschild banking empire, ostensibly stated:

I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.

So big names in financial institutions will want to have a role in the Cryptocurrency ecosystem, and I don't think it's only the Rothschild there will be many more that will be exposed in the future, imagine if these legendary families in the financial institutions want to have a share of Bitcoin, don't you think its time for you to have a share too.

[Aanuoluwatofunmi]

Let adoption continue to increases as everyone has the right in choosing on what to make their investment on, bitcoin already has turned a global acceptable digital currency irrespective of who and how we are investing in it, as well as those that have chosen the part of investing through the world recognized financial institutions, whether in bitcoin on on bitcoin ETF, all they have is their right in choosing for what they want to make investment with.

[Baofeng]

I'm mean it's easy decision for them, they have been in the game for so long, this family is on the business of money making and we all know that in Bitcoin, if you learn to invest early and then just hold, your money will grow.

So I'm not surprised by it, this is the new era, and the sooner they got the better for them and for the market in general. And even if they have poured a lot of money here, I doubt that they can manipulate an inch of the market in their favor. Everyone here is seriously for the money so it doesn't matter if you are a average joe or whales like this traditional family.

[hugeblack]

We cannot consider it a direct investment in Bitcoin, as they do not withdraw Bitcoin to their wallet addresses, but rather obtain a certificate proving that they own a certain amount of Bitcoin, but it is a step in the right direction. I hope that a day will come when we hear about direct investments in Bitcoin without intermediaries.