BITCOIN ETF's are (probably) coming

BITCOIN ETF's are (probably) coming

By Domifidsch | Stocks and Crypto Bets | 29 Sep 2023


BITCOIN ETF's are (probably) coming


As its getting more and more likely that we will see a BITCOIN ETF or to be precise most likely a few of them I took some time to tell you the basics about what that is and what it could! mean for the market. Enjoy :)

 

 

Big investor company's like Vanguard and especially Black rock are starting to see the big potential if Crypto as an investment and after they had been very bearish a few years ago and not really commenting about it the last 3 years it seems like they thought about it and... Puff now they are Bullish. But that's now all. They even try to implement crypto as an tradeable option on the official stock market, precisely as ETFs.

 


What are ETFs?


ETF means exchange traded fund and is usually a mix of several stocks which all together give value to that ETF. You can just go to your favorite broker and choose one if them. It's a very good idea for people who don't want to spend a lot of time researching economy and stocks. But don't get fooled: The risk stays the same. The person managing a portfolio can do very wrong disicions just like a ETF manager. And another important factor to note: The time you safe by not having to deal with numbers and values of different stocks is not for free. Some ETFs have a lot of hidden costs for managing and and keeping your portfolio for example.

 

Why are crypto ETFs super bullish for Crypto?


Exposing Bitcoin or maybe even other
cryptocurrencys to a market, which is at the moment 200 times bigger then the Cryptomarket itself, could be a win/win. The tumbling stock market could give investors a chance to diversify their portfolio, without really being forced to know anything about it. Having an easy entrypoint is the easiest step to gain new customers. This could bring huge Money into the market and in the long-term there is barely any bearish outcome you could think about ATM.

 

The upcoming months will be very interesting, as a lot of American politicans appear to be very negative about crypto ans many also see a danger for their own currency.


With that uncertaintys in mind I would now like to give the word to you!
What do you think: Will there be crypto exposure in the stock market in the future?
Do you think I am wrong?


I'm always happy to get different perspectives on things so feel free and have a good day :D

Cheers

 

PS: Thanks for all of your support the last days. You are amazing

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Domifidsch
Domifidsch

Passionate Crypto enthusiast.


Stocks and Crypto Bets
Stocks and Crypto Bets

Interesting stuff out of crypto related stocks and the stock market in general

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