Binance Caps Anthropic Mark Moves, but ETP Risk Remains
The certificate adds issuer and counterparty exposure, while affiliated contract terms lack independent fairness approval and variable costs can erode returns.
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The certificate adds issuer and counterparty exposure, while affiliated contract terms lack independent fairness approval and variable costs can erode returns.
The rotation is small in absolute terms but structurally telling: advisors who used to ask whether Bitcoin belongs in a portfolio are now asking how to engineer downside protection into it.