Spot Bitcoin ETFs
This week’s episode is all about Bitcoin ETFs. It has been in the news recently that some of 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 –Grant starts the conversation by sharing the existing Bitcoin ETFs, as well as the difference between a mutual fund and an ETF.
[07:37] Closed-end fund – Grant shares some interesting information about GBTC closed-end funds.
[16:26] Cryptocurrency futures – Grant explains how futures contracts work and what happens when the contract expires.
[21:08] The reliability – Grant discusses 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 thoughts on the current Bitcoin ETF companies and how you can purchase Bitcoin if the Spot ETF comes out.
Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein
THE ARRIVAL OF BLACKROCK: BITCOIN’S FIRST SPOT ETF