TL;DR
-
Here’re three common arguments against a spot Bitcoin ETF:
-
1. It puts a whole bunch of Bitcoin in the care of a very small amount of people, which gives them control over it.
-
2. Some Bitcoin maxis fear that the government will try and ban individual ownership of BTC, and force investors to buy it only via an ETF.
-
3. Some folks are pointing to the idea that an ETF approval has already been priced into Bitcoin.
Full Story
There’s a lot of excitement surrounding a potential spot Bitcoin ETF (aka a way to buy Bitcoin on the stock market)…
But what’re the potential downside risks?
We found a few common talking points from dissenting voices, and collected them here for you, so you can form a balanced opinion (if the feeling takes you).
Here’re three common arguments against a spot Bitcoin ETF:
-
It puts a whole bunch of Bitcoin in the care of a very small amount of people, which gives them control over it.
Sure, a wide range of people will buy into these Bitcoin ETFs – but they’ll own the Bitcoin by proxy, meaning it will be the fund that actually takes custody of the Bitcoin.
Our two cents: safe third party custody has to become an option if Bitcoin is going to proliferate. Not everyone is going to feel comfortable holding millions/billions of dollars on a hardware wallet.
-
Some Bitcoin maxis fear that the government will try and ban individual ownership of BTC, and force investors to buy it only via an ETF.
Our two cents: Feels like a stretch, but crazier things have happened.
-
Some folks are pointing to the idea that an ETF approval has already been priced into Bitcoin.
Meaning that if/when an ETF gets approved and goes live, it won’t move the price all that much – meaning we’re all getting excited over nothing.
Our two cents: in the short term, this is probably true. In the long term (12 months +), not so much.
All things considered, we’re still excited at the potential of a spot Bitcoin ETF.
can i buy clomiphene no prescription cost of clomiphene how much is clomid without insurance where to buy generic clomiphene without dr prescription where buy generic clomiphene clomiphene medication clomid bula homem
I’ll certainly carry back to read more.
More posts like this would make the online elbow-room more useful.
purchase azithromycin generic – order tetracycline sale buy metronidazole 200mg pills
semaglutide 14 mg usa – order cyproheptadine 4 mg sale buy periactin 4mg pill
oral domperidone – cyclobenzaprine 15mg ca cyclobenzaprine oral
cheap amoxil generic – ipratropium usa buy ipratropium 100 mcg pill
buy zithromax no prescription – azithromycin 250mg uk buy bystolic 20mg sale
amoxiclav pill – https://atbioinfo.com/ acillin price
esomeprazole 20mg without prescription – https://anexamate.com/ buy generic nexium 20mg
medex ca – blood thinner cozaar 50mg ca
prednisone usa – https://apreplson.com/ prednisone tablet
causes of erectile dysfunction – site best otc ed pills
cheap generic amoxicillin – combamoxi buy generic amoxil over the counter
fluconazole buy online – https://gpdifluca.com/ buy fluconazole 100mg generic
buy cenforce medication – cenforce over the counter buy cheap generic cenforce
best price for tadalafil – https://ciltadgn.com/ buy cialis online without prescription
buy ranitidine pills for sale – cheap ranitidine 300mg ranitidine 150mg generic
does cialis lowers blood pressure – is tadalafil peptide safe to take cialis generic overnite