Bitcoin Spot ETF Approved: What You Need To Know
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- Опубликовано: 9 янв 2024
- 11 Bitcoin Spot ETFs were just approved. What is the Bitcoin ETF? How do you buy the Bitcoin ETF? What will happen next now that it's approved? Where will the price of Bitcoin go? Watch this video to find out!▼▼
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I was there with you live when it got approved! Historic moment! I'm gonna look at this video in 20 years with my grandkids.
haha. They are going to take off their VR headsets to watch this with you and be like "you used to watch stuff like THIS grandpa??? This is BORING"
my fav youtuber :)
Mining at home and with musk miners.. LFG.
LET'S GO!!
It will go up then crash then we’re going parabolic 🎉 90 days till halving 🎉
Sir create a video for Crust Network by doing your research. Crust is the next 100x gem. Which is built on polkadot substrate and provide web3 storage.
Thank you in advance ❤❤❤
Thanks for the video Andy. Great as usual. Which of the ETFs, if any, are required to buy and hold BTC? I'm hearing language was added to applications casting some doubt on this.
From what I know, they are all required to actually hold BTC because of the type of accounting these ETFs employ. I have seen the numbers posted online for Blackrock for example. How much BTC they have acquired so far. I imagine most of it will be bought OTC though. Thanks for watching!
Got it, thanks Andy! Appreciate the additional insight.
Feel like I need to keep the "risky" investments like BTC separate from my traditional brokerage strategies but these are worth keeping an eye on. Didn't know there were so many ETFs; I was expecting just a handful.
Also "HODL" lolol
It seems like my assumptions about you were wrong. I'd like to apologize to you, and thank you for being able to take my criticism by responding explanations in return...while never blocking me. 👍🏿
I'm always open to respectful criticism and discussion. I appreciate you being here and watching!
Means BTC is going to be worth as much as fiat lol good luck!
I dunno what this means, but I can't imagine a world where the price of BTC doesn't skyrocket from all this.
@@YourFriendAndy banks can now sell more bitcoin than they actually have. Just like our dollar.
@@30Secondzzz Oh, yeah there will be paper trading. But they are required to actually buy equivalent BTC for what they sell in shares. Either way, doesn't change the fundamentals of the underlying asset. BTC will never be like fiat even if certain trading instruments that use it are.