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BTC ETF approved

BTC ETF approved



View Reddit by shamanizeView Source

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24 Comments

  1. Can someone explain the extent to which futures trading affects the price of the underlying asset? Does the futures seller actually ever deliver the asset top the buyer, which I assume would affect the price quite a bit? Or are these simply bets on a future price outcome with no assets ever held? If it’s the latter, it seems like if anything it might actually reduce demand for real Bitcoin assets, because lots of people will be betting on futures instead instead of betting by holding actual BTC?

  2. I will advice traders especially newbies to have orientation of trading before they get involved in it because the crypto market has been unstable, forget predictions and start making a good profit now because future valuations are all speculations and guesses.

  3. This is just a stepping stone which will open to more BTC ETFs in the future.

    I think spot BTC ETF will come soon.

    The futures BTC ETF will just spur more attention and demand for spot BTC.

What do you think?

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