RE: ETFs on the Horizon - Gold all over again?

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ETFs on the Horizon - Gold all over again?

in cryptocurrency •  7 years ago  (edited)

Good point. If really in August the bitcoin ETFs get approved, we will have strong capital inputs on the crypto market. ETFs are different from futures, since they really own the underlying. As usual, let's see what happens this time...

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I've read somewhere that the effect of them, that is, the real effect, might be a bit later, but there should be a bull rally prior to launch as per usual (fomo kicking in)