The Urgent Truth About Bitcoin ETFs
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Bitcoin ETFs.. They’re passed and coming this week. Right?
Not exactly. There is either a lot of confusion or misinformation here that we need to cut our way through.
It’s been 8 years since the first of many filings for a Bitcoin ETF by none other than the Winklevoss twins, and yet we still do not have one in the US to this day…
Getting a true Bitcoin ETF passed could be huge for bitcoin helping to potentially push it’s price over that magical $100,000 price point.
A bitcoin ETF would push up the price of Bitcoin for several reasons..
Public Accessibility:
Accessibility has been a huge talking point for crypto as a whole, and a lot of people feel for crypto, and in this case, Bitcoin, to be adopted, accessibility and UI needs to be improved across the board.
IRA Moneyyy:
While 17% of Americans own Bitcoin, 75% of Americans have retirement accounts, and there is a TON of money in those retirement accounts, and Bitcoin is just waiting for a slice of that pie…
Public Opinion and Sentiment:
Over time crypto has slowly gained more trust in the broader society but it still has a long way to go.
ETFs and big stock exchanges hold a kind of prestige and respect by investors of all types, this credibility would help lend itself cryptos.
So this is great right? We have an ETF likely to come this week and it means bitcoin will see a big bump in price… Yes, but also no, this is where the confusion starts.
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I’m a financial consultant and when a client comes to me and wants to learn about and invest in Crypto I tell them to subscribe to your channel and to join your Patreon. I appreciate your hard work and your knowledge!
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Easter egg 0:18 Haha
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The fund could also have a drag down effect on the forward rolls.
Reached 7:30, still no definition on ETF. What is it?
Printing paper fiat in support of a finite crypto… What could go wrong?
"If asked today if crypto is a scam, the answer would be far different."
For the top spot on the board, survey says: "I don't know."
It took me a week to watch this video. I think I was subconsciously rebelling against the use of "Urgent" in the title. Today when it was suggested to me, I read it as "Ugly Truth" and clicked on it instantly.
They come up with this so they can manipulate price like usual.
KlimaDao.
Shibarmy
Max, I also enjoy your channel. I wonder though why on earth you put a picture of the Sprouse twins when you talk about the Winklevoss twins?
Careful, this is the kind of detail that undermines credibility.
Disingenuous CLICK BAIT Title. This was more about the Futures ETF than Bitcoin itself (likely On purpose).
Thanks, as have been so confused around the ETFs.
Thank you for putting in all the work for us and converting it into Lehman terms. It’s a confusing crypto and ether world nevertheless and you make it so much better to understand the vital information to keep us going and believing!!! 🌺🙏🎉
Are u the third Winklevoss brother?
I feel like the extreme inflation of Bitcoin due to FOMO may be cause for a bit of a correction over the next few months.
< Always appreciate the realness of your content, the bearish and bullish case scenario is very very important to know, so we are always prepared thank you so much!!! btc is truly a class of its own, it has no competitors. All the other alts are competing with each other, they are more centralized, and the majority of them are not completed projects. I can't believe it when i hear people selling their btc for alts lol, although I was able to make 11 b TC in just July from implementing tradess with tips and info from Mr Eric Clark.
He’s making so much cash in crypto he needs poor peoples money in monthly patreon nice guy right here
I have also studied the Btc ETF.
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