The Financial Times did a free-to-read breakdown of the bitcoin futures ETFs. The best guess is that these products will underperform the price of BTC by 5-10% a year. It boggles the mind that regulators think forcing products into this structure--as opposed to allowing ETF products to directly custody BTC--is better or safer for investors.
Submitted November 01, 2021 at 08:55AM by jiminytaverns https://ift.tt/3bwaKkQ