Why I’m bullish on Bitcoin ETFs and why you should be too

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Avatar for kukaichi
1 year ago
Topics: Crypto

There are two main types of Bitcoin ETFs: spot and futures. Spot Bitcoin ETFs would track the price of actual bitcoins, while futures Bitcoin ETFs would track the price of bitcoin futures contracts traded on regulated exchanges.

Spot Bitcoin ETFs are preferable, because they would offer a more direct and accurate exposure to bitcoin’s price movements, without the risks and costs associated with futures contracts, such as rollover fees, contango and backwardation.

That’s why I’m bullish on spot Bitcoin ETFs, especially those filed by reputable and experienced asset managers like BlackRock, WisdomTree and Invesco. These firms have the resources, expertise and reputation to launch successful and compliant Bitcoin ETFs that would appeal to a wide range of investors.

What about you? Are you bullish or bearish on Bitcoin ETFs? Which type do you prefer: spot or futures? And which firm do you trust the most: BlackRock, Grayscale or someone else? Let me know in the comments!


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