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RE: Bitcoin's best new Sink that no one's talking about...

in LeoFinance • 3 years ago

This is HUGE. I have always hated bitcoin ETFs that used futures. This ETF actually takes supply out of the market. I'm shocked though that it took this long for North America to get one. It just shows though how far bitcoin has come. Seems like everyday it's becoming more and more part of standard culture and no longer this "fringe" thing for cryptoheads. Now if only governments would stop spreading FUD about crypto...

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3 years ago in LeoFinance by
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     3 years ago (edited) 

    Exactly. The futures and cash settled ETFs aren't very exciting to me. Physically settled ones are awesome.

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       3 years ago  

      So there will be actual Bitcoin exchanged for "paper ETF bitcoin"? Will the example of the oversold paper silver ETF be an example that keeps this from launching in the US?

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         3 years ago  

        I believe so yes, and no I think the US will launch one by the end of this year.

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