Bitcoin Price Prediction

[ha_banos]

1 hour ago, sbsbsb1 said:

Yeah, some of the ETFs apparently hold actual Bitcoin, others apparently hold futures. I'm looking at the Fidelity ETF, which holds actual Bitcoin.

Before the SEC approval of ETFs they couldn't hold BTC so they held futures and the like. The ETFs were then approved https://www.sec.gov/newsroom/speeches-statements/gensler-statement-spot-bitcoin-011023, that sh/could then hold the underlying asset. Do check.

[sbsbsb1]

1 hour ago, ha_banos said:

Before the SEC approval of ETFs they couldn't hold BTC so they held futures and the like. The ETFs were then approved https://www.sec.gov/newsroom/speeches-statements/gensler-statement-spot-bitcoin-011023, that sh/could then hold the underlying asset. Do check.

Good background. I appreciate all the knowledge you guys are dropping!