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Analyst says Bitcoin futures ETF ‘better than nothing, but ‘not as good as’ spot ETF
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The ProShares Bitcoin Futures ETF arrived with a bang, and hit more than $1 billion in assets under management [AUM] in around 48 hours of being listed. Adding to this, Bitcoin touched a new all time high of $67,017 last week. All impressive stats, no doubt, and experts had plenty to say.
During an episode of the Unconfirmed podcast, host and journalist Laura Shin spoke to the pseudonymous Plan B – creator of the Bitcoin Stock-to-Flow Model – about Bitcoin ETFs.
The ProShares Bitcoin ETF is finally trading, but experts and investors are still divided as to whether a Futures ETF or a Spot ETF would have been the better choice. Coming to this debate, Plan B had a clear answer. He said,
“Bitcoins futures ETF is…it’s better than nothing, but it’s
Read more on ambcrypto.comAbout this in other media
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