The Bitcoin ETF Will Have Billions of Dollars
Thoughts?
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Without spot BTC becoming a recognized security under SEC what’s the incentive for the cash/futures arb guys to play fair? Correct me if I’m wrong…but if spot BTC is unregulated they could potentially put the beat down on spot when the futures ETF does rollover without legal repercussion? Just seems like an open invitation for malignant activity at the expense of retail investors. Owning spot still seems to be the safest bet for crypto investors
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Money going into the ETF goes into buying Bitcoin/arbitrage? Or does it just appreciate the 'ETF' as a security with a dollar value?
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BTC futures ETF is a waste of time… it’s not going to have impact the crypto community at all. Billions will be wasted. Still Waiting for these idiots to get there life together.
In Australia, we call this polishing a turd
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