If You Want Bitcoin Exposure, Don’t Use An ETF. Buy Bitcoin.
The recent launch of bitcoin futures ETFs may have made history, but this exposure is not the same as holding BTC yourself.“What happens if the government makes bitcoin illegal?” is a question you will frequently hear. The underlying assumption — the same one that Prohibitionists made in the early part of the last century — is that usage will decrease, or even stop altogether, if you make something illegal. But this is not necessarily so.On September 24, Chinese regulators issued two documents: One outlawed cryptocurrency mining, the other reiterated a ban on all cryptocurrency....
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Bitcoin’s short exposure has been gaining favor from both retail and institutional investors over the last couple of months. For most, this position in the digital asset has paid off, given its continued decline over this time. Even then, investors have not eased up in their exposure to this investment vehicle. The total assets under management for short bitcoin ETF are on the rise, sparking speculations of a potential short squeeze. Investors Increase Exposure When the ProShares Short Bitcoin ETF first debuted earlier in 2022, it came out with a lot of support from investors. These....
The Digital Transformation ETF launched by VanEck provides investors with exposure to the likes of MicroStrategy, Square, Riot Blockchain and more.
Guggenheim has registered a new fund with the U.S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s chief investment officer repeatedly made bearish bitcoin predictions, calling cryptocurrency Tulipmania. Guggenheim Launching Fund Which Could Have Exposure to Bitcoin Guggenheim Funds Investment Advisors LLC filed a registration statement with the U.S. Securities and Exchange Commission (SEC) Tuesday for the Guggenheim Active Allocation Fund. Guggenheim Investments has about $270....
Bill Barhydt, who is the CEO of Abra after working for NASA, the CIA, and Goldman Sachs, is looking to up his Bitcoin exposure amid current macroeconomic trends. Abra CEO May Soon Double Bitcoin Exposure to 25% of All Assets The industry chief executive announced on September 2nd that he is “considering doubling the allocation of #Bitcoin in my personal portfolio to 25%.” As to why he thinks that this is a good idea, Barhydt […]
Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day. Bill Miller’s Bullish Statements About Bitcoin A growing number of major corporations have been gaining exposure to bitcoin, prompting speculation of when the rest of them will follow. Following Microstrategy’s $425 million investment, Square invested in bitcoin and Paypal launched a cryptocurrency service. Now, famous investor Bill Miller....