Are Bitcoin ETFs Just a Centralized Scheme?

WildMiner · 2024-06-30T01:19:00.000Z

So Bitcoin ETFs are basically funds that invest in Bitcoin but you don’t actually get to own the Bitcoin, just shares. Seems like the whole thing is just a centralization play.

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ben.matrixNewbie

Posts: 1362 · Reputation: 35

#21Jul 5, 2024, 11:58 PM

ETFs are just a way to operate within regulations while still investing in Bitcoin. If they weren’t around, people would definitely be more engaged with real Bitcoin.

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ben.matrixNewbie

Posts: 1362 · Reputation: 35

#22Jul 6, 2024, 04:21 AM

If someone buys a spot ETF and shorts BTC futures, can they really call themselves a Bitcoin maximalist? It’s kind of ironic, don’t you think?

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Are Bitcoin ETFs Just a Centralized Scheme?

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