crypto is mainly pump and dump. before playing shorts or longs take note that it will be monitored. it can be too volatile if you are playing with a small or medium capital.
Putting it as indirectly holding btc might be misleading just to entice people to buy not knowing that they wont have a say on the good or bad runs btc might have.
Is Bitcoin About to Enter the S&P 500? Strategy Now Qualifies For Inclusion, Analyst Says
If they are not independent of China resources then its not a good move. Cause the difference in cost is not due to the materials but the tariffs. Sure other countries can support but it wont be as cheap as previous dealings. With china recent reaction, boeing might not be the only company whose product will be rejected by them.
White House: China Now Faces up to a 245% Tariff on Imports to the United States as a Result of Its Retaliatory Actions
Import tariffs can be passed onto consumers. High inflated cost will cause the demand to drop. An alternative is to seek new market between euro, south america and asian. It is also and opportunity to use brics as a main currency since the new market relies less on the us dollar. Of course it is still up to the leaders who either want to forgo their growth by hoping to get us market.