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Investors who deliberately sidestepped bitcoin's volatility by staying in passive funds have ended up holding SpaceX shares — an asset that, according to CNBC, carries three times the volatility of $BTC.
The irony is structural, not accidental: passive investors don't choose positions, they inherit them.
How "Forced" Ownership Works The operative word in CNBC's framing is "forced." Passive investors don't select individual securities.
They track an index or a fund that does it for them — and when that vehicle adds a position, every investor in it owns the new holding whether they want it or not.
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