ETF =scam
ETF =scam
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Yes they are government bonds packaged up with a derivative contract and sold through the stock market in an equity wrapper.
This is what a bankrupt nation does when their two biggest lenders don't want to lend them any more money.
Have a look at a chart of the growth of ETFs since 2008. Compare that with the graph of total qe issuance.
Bringing this style of shady business to ₿itcoin is crazy