@esmeesmith
Bitcoin and Ethereum has SPOT ETF instruments. Do you think it's worth buying that way or you prefer the decentralized way to buy them?
@esmeesmith
@esmeesmith
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The problem with these is that there is a "management fee" built-in to ETF's. And it doesn't make sense for crypto, because nothing is being managed (unlike a regular fund) where holdings are continually rebalanced. All they are doing is exchanging dollars for crypto and vice-versa. I think these are just a convenience for retail investors who already have accounts with investment firms.