[ASK] Where i can learn/read more about bitcoin ETF?

AhmadM

sr. member

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Quote from: DooMAD on January 27, 2019, 02:47:11 PM

Unless you're a speculator, you don't need to pay any attention to ETFs. The average Bitcoin user (the people who actually send and receive transactions) will have literally no use for ETFs and will probably see no benefit from them. It's just a bunch of made-up contracts for derivatives traders and hedge fund managers to gamble with.

Hold some actual bitcoin in a wallet where you control the private keys. That way you gain all the benefits that Bitcoin provides.

Don't waste your time swapping some IOUs that represent the market value of some bitcoins that aren't even yours. You'll just be food for the traditional finance whales.

I just curious why everyone talking about bitcoin ETF. So, start this thread to know more about it.

Thanks to everyone who has been answered this dumb question, I've got what I need now.
I'll lock this thread to avoid spammer post here.

DooMAD

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Leave no FUD unchallenged

Unless you're a speculator, you don't need to pay any attention to ETFs. The average Bitcoin user (the people who actually send and receive transactions) will have literally no use for ETFs and will probably see no benefit from them. It's just a bunch of made-up contracts for derivatives traders and hedge fund managers to gamble with.

Hold some actual bitcoin in a wallet where you control the private keys. That way you gain all the benefits that Bitcoin provides.

Don't waste your time swapping some IOUs that represent the market value of some bitcoins that aren't even yours. You'll just be food for the traditional finance whales.

AhmadM

sr. member

Activity: 1008

Merit: 308

Quote from: bitmover on January 26, 2019, 07:40:26 PM

There is no bitcoin ETF yet, and probably not anytime soon.
https://blockonomi.com/government-shutdown-cboe-bitcoin-etf/

This is the latest news I ve found. Government shutdown must be over before any news about ETF...

Yeah I know,

And I was recently read about the bitcoin ETF & NYSE will re-fill the proposal form after the government (SEC) re-opens.

joniboini

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Quote from: ?? on ??

The shutdown is over now, there may be an issue in three more weeks but I doubt it will come to that. Looks like we can start being disappointed in ETF results again!

Never have any expectation about ETF since the end of last year. I believe they'll continues to postpone this till next year lol.

Quote from: ?? on ??

The only reason it hasn't passed has been the first one you stated, that it can be manipulated, but this is a bullshit answer and we all know it just look at oil. The big players are just orchestrating their moves, simple as that.

Correct, oil is manipulated by those who can control the supply. I'm not sure why this manipulation reason is being used again and again while there is an exact historical proof that shows us manipulation is almost impossible to prevent. Instead of making sure an asset is not prone to manipulation, why not design how the market can prevent/decrease the possibility of manipulation?

@OP if you want to read/learn more about Bitcoin ETF, Google is your friend. I'm not sure which source is credible so you can start reading one by one. But maybe you can stick to Investopedia, or something similar.

Pain to go mad

newbie

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ETFs may not be delivered so quickly because the cryptocurrency is not very stable and can be manipulated. It is not easy to pay taxes, and there is money laundering, so it cannot be passed. Unless the above issues are resolved.

bitmover

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bitcoindata.science

There is no bitcoin ETF yet, and probably not anytime soon.
https://blockonomi.com/government-shutdown-cboe-bitcoin-etf/

This is the latest news I ve found. Government shutdown must be over before any news about ETF...

AhmadM

sr. member

Activity: 1008

Merit: 308

I recently had saw both thread and article discuss about Bitcoin ETF. So I want to know more about bitcoin ETF, is anyone know where I can read or learn about bitcoin ETF?

Link to the thread:
https://bitcointalksearch.org/topic/will-sec-never-approve-bitcoin-etf-4949404
https://bitcointalksearch.org/topic/whats-is-preventing-sec-to-approved-bitcoin-etf-5102374
https://bitcointalksearch.org/topic/another-etf-proposal-bitwise-5095802

Link to the article:
https://www.ethnews.com/bitwise-hopes-its-new-etf-proposal-can-sway-the-sec
https://www.coindesk.com/nyse-arca-files-paperwork-for-bitwise-bitcoin-etf-approval

Thanks

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