I discuss the new Bitcoin Futures ETFs (ProShares) and how they might impact the price of Bitcoin, the criteria for success, some price commentary, and research. $BITO $BTFD
Bloomberg Opinion Article by Matt Levine:
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Articles Referenced Today:
(SQ) announced Tuesday it,its cash and cash equivalents.
0:00 – Start Here
0:44 – How normal ETFs work
1:55 – Futures ETFs
4:25 – Short Term Price Thoughts
5:23 – Criterias for Bitcoin ETF Success: Adoption
6:13 – #2 – Trading Volume
7:00 – #3 – AUM of Competing Products
8:00 – Is this good for individuals?
8:32 – Public Perception
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