Jul 12, 2023
This week’s episode is all about Bitcoin ETFs. It has been in the news recently that the biggest investment management companies have submitted new filings to bring spot Bitcoin ETFs to market. In this episode, we dive into the current state of Bitcoin, why we should pay attention to the Bitcoin ETF filings, and whether it’s safe or not to invest in them.
[03.04] What’s on the market – Starting the conversation, Grant shares the existing Bitcoin ETFs at the moment and the difference between a mutual fund and an ETF.
[07.37] Closed-end fund – Grant shares the reason why GBTC closed-end funds are interesting.
[16.26] Cryptocurrency Futures – Grant shares how futures contracts work and what happens when the contract expires.
[21.08] The reliability – We talk about the reason why the US Securities and Exchange Commission hasn’t approved any of the filings for spot Bitcoin ETFs.
[24.55] If it happens – Grant shares his ideas on the current Bitcoin ETF companies and how you can purchase Bitcoin if the Spot ETF comes out.
Resources
Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein
THE ARRIVAL OF BLACKROCK: BITCOIN’S FIRST SPOT ETF
bitcoinmagazine.com/markets/the-arrival-of-blackrock-bitcoins-first-spot-etf