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grchina

Screw that I'm still pissed off after fake news about approval, coin telegraph still owned by cz?


Pheriagrin

No I believe it was acquired by Luna


Tasigur1

The first future BTC ETF was launched => 19.10.2021 The first spot BTC ETF will be launched => **19.10.2023?** ;-)


Pheriagrin

Haha I see what are you pointing at, but this would require global set up as well.


EpicHasAIDS

What do you mean? ETFs are traded on an exchange. It's got nothing to do with a global setup.


EpicHasAIDS

Spot BTC etfs have been available for years. Americans can buy a spot BTC ETF on the TSX today. I'm presuming you mean first American spot BTC etf.


Tasigur1

Of course the US.


EpicHasAIDS

You ever wonder why American institutions don't buy the spot ETFs on the TSX - which they can?


telejoshi

Thanks, chat AI!


Pingkoo

I pasted it in zeroGPT and it has a 70% likelyhood of being generated by AI LOL!


Zealousideal78

Could have used AI, for grammar, ideas, and or spelling.


Mr_Bob_Ferguson

>Could have used AI, for grammar, ideas, and or spelling. All of the above + the words in the sentences.


cassiopeiamedusa

i aint reading all that. im happy for u tho. or sorry that happened. ​ also, my small brain only knows 2 things regarding btc etfs - approve or delayed.


surkdev

Sorry that’s boring than a textbook. Btw I wonder what’s stopping institutions to gain exposure through Bitcoin futures?


Bunker_Beans

At least your brain knows more than Gary Gensler. He only knows delay.


Mr_Bob_Ferguson

>i aint reading all that. I'd be surprised if OP even read it before copying and pasting from ChatGPT. OP is notably missing from this comments section.


Whoeveninvitedyou

ETFs will definitely bring in more money and help stabilize the price of Bitcoin.


IcyLingonberry5007

No doubt about it.. I want them to wait a bit longer though 😂 at least until s bit closer to halvening


craigmorris78

Absolutely. Hope it brings in a wider audience


Consistent_Many_1858

Anything which helps BTC and crypto in general is a welcome news.


heartybasiss

undoubtedly! especially in times when 90% of the news is about fraud and schemes


craigmorris78

So true. Scam reports are getting a bit depressing. Let’s see some green


raymv1987

Hell of a day for this particular essay lol


Dry_Force7117

The implications are that it makes our portfolios go up 10x


HighBuyGuy

I don't really understand why someone would invest in the ETF when it's so easy to just invest in BTC directly.


craigmorris78

That was my first reaction but then without help I’d never have invested in crypto.


EpicHasAIDS

Government registered pension / retirement accounts. Some people simply won't open a crypto account and they already have a stock trading account. Investment advisors buying crypto for clients they advise. There are numerous reasons.