#ETFWatch

Exchange Traded Fund (ETF)

As far as my knowledge is concerned when you holding an ETF in the crypto space you are not holding the real thing. Think about a person who buys Bitcoin ETF , a person who buys from an exchange, another person who buys hodl and in a cold storage. All these people are invested in Bitcoin but they doing it from different angles.

I personally would rather be the guy who buys Bitcoin, than having BlackRock buying on my behalf and sells to me an ETF. Having said so ETF are great for the adoption, bringing in OG investors and institutions. Last but not least, I believe those who are buying crypto backed ETF lack knowledge and understanding of the crypto industry.

NFA

DYOR

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