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The price of the ETF won't be pegged to bitcoin There will be additional costs attached Any exposure to crypto is risky

"The move comes amid a global cryptocurrency crackdown as governments from Asia to the United States fret that privately operated highly volatile digital currencies could undermine their control of the financial and monetary systems, increase systemic risk, promote financial crime and hurt investors."

"It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement," Musk said at the Code Conference in Beverly Hills, California. Another indication of Musk starting to need government to go his way. What is the US government becomes anti- Musk or NASA pulls out or is de-funded?

President Biden "says his administration is focused on policing cryptocurrency crimes to combat corruption globally and is taking advantage of a newly formed Department of Justice task force, according to an anti-graft report released Monday." The White House is "particularly focused on crimes committed by virtual currency exchanges, mixing and tumbling services - platforms that obscure owners and recipients in Bitcoin transactions - and bad actors who facilitate money laundering, according to the report from U.S. Strategy on Countering Corruption, which includes the State Department, Treasury and Justice Department."