It's NOT What You Think!! Bitcoin Futures ETFs!! 😲



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πŸ“Ί Useful Vids πŸ“Ί


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What SEC Thinks πŸ‘‰
Upcoming Market Risks πŸ‘‰
ETF Update πŸ‘‰

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– TIMESTAMPS –
0:00 Intro
2:39 ETF Overview
5:10 Bitcoin ETF Background
8:25 Gensler Said What?!
11:25 Why Futures ETF Suck!
14:48 Risks with Futures ETFs
17:46 Why The SEC Approves
19:45 Conclusion

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⛓️ πŸ”— Useful Links πŸ”— ⛓️

Commoditiy Manipulation:
Gensler Statments at Aspen:
Outstanding ETFs:
ETF AuM:
Backwardation vs. Contango:
SEC Warning on Investing:
True Cost of Commodity ETFs:

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πŸ€” What is an ETF? πŸ€”

An ETF is a collective investment vehicle that, as the name suggests, can be traded on an exchange.

These are funds that are designed to track an asset, a basket of assets or an Index. These funds then issue shares that individual retail investors can buy and sell easily

ETFs have become incredibly popular given how easily people can purchase these shares. This can be done through a simple share trading account just like if they were purchasing the individual shares themselves.

πŸ“ˆ Bitcoin ETFs πŸ“ˆ

A fully regulated Bitcoin ETF would open the floodgate to millions more retail investors. It would allow these investors to easily gain exposure to Bitcoin through their brokerage accounts in a tax efficient way.

It would also allow some of those large institutional investors that were worried of storing actual Bitcoin another avenue to invest.

Previously, they had to rely on other fund structures to invest like closed-end funds etc.

πŸ€” Change in Tune πŸ€”

One of the most interesting statements that came out of the conference attended by Gary Gensler at the Aspen security conference is that the SEC is more likely to approve futures ETFs.

This was quite surprising especially given the fact that the SEC warned against Bitcoin futures investing earlier this year.

This caught a lot of the futures applicants off-guard and angered them.

πŸ‘Ž Why Future ETFs Suck πŸ‘Ž

When it comes to the futures backed ETFs, the fund issuer has to invest in underlying futures contracts in order to replicate the price of Bitcoin. This costs money especially as they have to constantly roll over the futures instruments to later dates.

Moreover, the CME futures markets are a lot less liquid than the spot market. It’s not only the costs of rolling these over but the fact that you could be getting suboptimal performance given that the fund creates demand for the futures on a roll.

Moreover, there are others in the market that may try and front run these orders. This means that the price is being bid up on each roll.

Futures also only trade during market hours whereas Bitcoin will trade 27/4 365. This means that there is a situation in market gaps. Moreover, you have the risk in highly volatile trading that the CME halts trading when Bitcoin itself is still actively trading.

😏 Why The SEC Likes It 😏

The SEC claims that the spot market is unregulated and that they have more oversight in the futures market. They are worried about “manipulation”.

This is asinine as there is so much manipulation going on in the futures market. You also have to consider the fact that the spot market will impact on the futures market.

There are other theories as to why the SEC is keen on these instruments and that is because of the money that can be made on Wall Street structuring them. It is well known that the SEC is friendly to wall street.

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πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #ETF #futures #Crypto #CME #SEC

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27 thoughts on “It's NOT What You Think!! Bitcoin Futures ETFs!! 😲

  • January 24, 2022 at 12:49 pm
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    What do you guys think of futures ETFs? Still as bullish? And what did you think of the crypto monk? Don't forget to follow me on my other social channels for all the content that you are missing here πŸ‘‰ https://guy.coinbureau.com/socials/

    Reply
  • January 24, 2022 at 12:49 pm
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    Crypto monk is very creative

    Reply
  • January 24, 2022 at 12:49 pm
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    So Coin Bureau. Basically is saying not a sound investment. OK

    Reply
  • January 24, 2022 at 12:49 pm
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    Best disclaimer to date Guy, works well on double speed too. Love your channel; ace ace ace, outstanding work always

    Reply
  • January 24, 2022 at 12:49 pm
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    Excellent explanations! Does not the constant rolling forward of future contracts lead to the fund being devalued over time due to all the accumulated cost of rolling?

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  • January 24, 2022 at 12:49 pm
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    oh god, those intros are the best.

    Reply
  • January 24, 2022 at 12:49 pm
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    I'm confused.

    Reply
  • January 24, 2022 at 12:49 pm
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    The intro made my day!
    The amount of free knowledge and awareness in Coin Bureau channel simply can not be dismissed for general public in crypto space.

    Reply
  • January 24, 2022 at 12:49 pm
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    Best intro disclaimer yet

    Reply
  • January 24, 2022 at 12:49 pm
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    Money is an issue that everyone has for a better and luxurious life. life was hard for me until I started Bitcoin and I'm now earning $9,500 per week.

    Reply
  • January 24, 2022 at 12:49 pm
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    G G is roped in to deal with crypto. He is answerable to his fiat masters.

    Reply
  • January 24, 2022 at 12:49 pm
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    Exchange Traded Fraud. Trading fiat, nothing to do with crypto. Scam.

    Reply
  • January 24, 2022 at 12:49 pm
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    Could futures ETF be a way to manipulate the spot price into following certain short or long trend patterns?

    Reply
  • January 24, 2022 at 12:49 pm
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    I can't fathom to the degree Guy is actually losing the plot? And whether it's a gradual… or very 'very' rapid process of disintegration!

    Now, thinks he's some ruddy abbot!

    Reply
  • January 24, 2022 at 12:49 pm
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    Are you actually Dan Karper?

    Reply
  • January 24, 2022 at 12:49 pm
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    Another example of Gary helping his Rich buddies!!!

    Reply
  • January 24, 2022 at 12:49 pm
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    SEC is a Nightmare ….they are not our friend!!!!
    This is bullshit!

    Reply
  • January 24, 2022 at 12:49 pm
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    Thanks for this video, Guy. This cannot be shouted loudly enough. I’m amazed how many people still do not understand how a futures ETF is a) pretty much only a net benefit for Wall Street and b) a significant tool for manipulation (ffs people, look at the gold and silver markets over the past few decades). We should just educate retail investors to avoid and ignore futures entirely. Let’s make Wall Street’s prized β€œfutures ETF” completed useless and irrelevant.

    Reply
  • January 24, 2022 at 12:49 pm
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    For the SEC to approve a Futures ETF in ANY crypto before allowing an ETF in the relevant spot market is nothing short of criminal.
    The SEC … no surprises there.

    Guy your knowledge and presentation is second to none!
    Brilliant.

    Reply
  • January 24, 2022 at 12:49 pm
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    Excellent video

    Reply
  • January 24, 2022 at 12:49 pm
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    Who is going to be main customer for BTC Future ETF?

    Institution who does not like BTC accounting treatment but wanna get exposure?
    Boomers who don't have crypto exchange account?
    Is there any chance this will increase spot buying demand somehow?

    Reply
  • January 24, 2022 at 12:49 pm
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    makes sense that as a world power the US wouldn't want spot etf's because then it would drive the price up making other countries rich in the process.. The sad truth is that a spot ETF is inevitable and the longer they wait the more they are shooting themselves in the foot in this regard.

    Reply
  • January 24, 2022 at 12:49 pm
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    We need both futures backed and spot backed ETFs as having both will help keep the markets in check, arb-free.

    Reply
  • January 24, 2022 at 12:49 pm
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    πŸ‘†πŸ»πŸ‘†πŸ»Helped me with enough bitcoin now I can afford whatever I want πŸ‘†πŸ»πŸ‘†πŸ»

    Reply
  • January 24, 2022 at 12:49 pm
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    πŸ‘†πŸ»πŸ‘†πŸ»Helped me with enough bitcoin now I can afford whatever I want πŸ‘†πŸ»πŸ‘†πŸ»

    Reply
  • January 24, 2022 at 12:49 pm
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    I make huge profits on my investment since i started trading with Mrs Myriam Wilson, her trading strategies are top notch

    Reply
  • January 24, 2022 at 12:49 pm
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    Thanks Guy

    Reply

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