Should YOU buy the BTC ETF? | Interview with Eric Balchunas

cryptocurrency 1 month ago

Is the new ProShares Bitcoin Strategy ETF something you should get involved in? This week on The Market Report, Eric Balchunas, a senior ETF analyst at Bloomberg, discusses who this ETF might be best suited for, how it could be a bridge to “mainstream” money for BTC, and how it affects the markets. For more markets news, analysis, and coins to watch, catch the full show at: 0:00 Intro 0:40 Why is the ProShares Bitcoin Strategy ETF so important? 2:20 Is most of the money waiting on the side-lines for this ETF institutional or retail traders? 4:14 There is a limit to how many contracts a single client can have on the CME futures, is this going to be problematic in the future? 5:59 Do you think they will allow a spot Bitcoin ETF? 8:14 Does the ProShares Bitcoin Strategy ETF cause downward or upward pressure on the price? 9:40 If CFTC already deemed Bitcoin a ‘commodity’, shouldn’t global commodity funds and indexes be obligated to include it? 12:02 Do you see more adoption in the next 2 - 3 years as more ETFs get approved and what is your take on cryptocurrencies? Subscribe to Cointelegraph Markets Pro: The content of this show does not constitute financial advice. Want to join the Cointelegraph team? Check out #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.
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