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Since you guys know that $FLR already has a regulated exchange-traded product (ETP) through @ValourFunds, I found something REALLY CRAZY about this... 🤯
@ValourFunds has 4 brokers offering $FLR. The two major ones are @avanzabank and @NordnetSE.
@avanzabank has 2.3M customers and manages $125B in assets.
@NordnetSE has 2.4M customers and manages $127B in assets.
Combined, all 4 brokers offering $FLR have over 5M customers and more than $250B in total assets.
And this is only getting bigger, as there are more brokers connected to @ValourFunds that don't offer $FLR yet.
These major brokers include:
@ING with over 41M customers and $1.2T in total assets.
@IBKR (Interactive Brokers), one of the world's largest brokers, with 3.8M+ customers and $700B+ in total assets.
The bigger @FlareNetworks gets, the more brokers are likely to offer $FLR, representing well over a TRILLION dollars in total assets.
And it gets even crazier as @ValourFunds needs to buy $FLR and keep it in cold storage with licensed custodian @CopperHQ to maintain a 1:1 backing for its "Valour FLR SEK" ETP.
THIS IS JUST BEYOND MENTAL.. 🤯