Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think I took that…sorry
Ouch. Did you all sell on me?
Time to move on up….
Thanks, I’ll change my deadline to mid August.
Looks like it’s trying….maybe this week
All great news, but from the movie “ Jerry Maguire”….Show Me The Money!!!!
Any possibility of a green move this week?
Lol…You better drink a lot of coffee
Green or red day?
So .40 to .13, after it peaks?
Not a good day...
Hope it works out...
I’m giving it one more month restripe.....and if it doesn’t come through by July 1, Sell time.
Since roofus left it just not the same! ; )
Still hanging here, boring but 1 more month is my deadline.
“REAL NUMBERS MATTTER ON EARTH/HERE”
Money will see, unfortunately politicians are blind.
Is that you roofus? Your voice sounds the same...lol
Hi Stockfan, no movement since are last talk. Was hoping earnings took us to new high but such is life in penny land. What’s the next hope for movement?
Waiting for this original painting to grow in value, no doubt it will continue.
Thanks.....
“ Looking like BTC is in a sideways channel for now.”
Next move depends on big money stepping it up, not sure when. Any insight?
1 buy = 1 sell........I wonder who’s buying?
That would be ugly...
Coin fluctuations.....flukcoin!!!
ETFs Could Rock the Bitcoin World; Potential arrival of the low-cost crypto vehicles is already being felt in the market
7:30am ET 4/12/2021 Editor's Picks
Mentioned in article
GBTCGLD
News
By Telis Demos
What exchange-traded funds did to the traditional investment industry over decades might happen in a fraction of the time for the world of cryptocurrency players.There is a growing sense that a bitcoin ETF might finally arrive in the U.S. in the not-too-distant future. The nominated chairman of the Securities and Exchange Commission, Gary Gensler, has taught courses on cryptocurrency. The bitcoin market has experienced huge growth in recent months and now has the involvement of some big institutions. VanEck, Fidelity and others are again seeking regulatory approval for bitcoin ETFs.Already there are indicators of big potential demand. The first bitcoin ETF in North America, the Toronto-listed Purpose Bitcoin ETF, has amassed roughly $1 billion in assets since its February launch. Meanwhile, the Grayscale Bitcoin Trust last week reiterated its longstanding intention to seek to convert its publicly traded bitcoin fund to an ETF.Many analysts have attributed the fund shares' recent move to trading at a discount to the net asset value of its bitcoin holdingsâ??after trading at a sizable premium for a long timeâ??in part to the advent of an ETF.One advantage of ETFs is that shares can be readily created and redeemed to arbitrage away any discount or premium, which could greatly broaden their appeal. ETFs are also cheaper, which will put pressure on fees across the bitcoin ecosystem."You have to think about fees today as almost payment for the frictions that exist between the legacy financial system and the crypto ecosystem," said Grayscale Investments Chief Executive Michael Sonnenshein. "You'd expect as pipes gain greater connectivityâ?¦fees will come down."Should Grayscale convert, with some $34 billion in assets under management it would be the second-largest commodity U.S. ETF behind SPDR Gold Trust, and would move to lower its present fees.Today many small investors also invest in bitcoin via digital wallets, like at Coinbase Global, whose largest revenue source is retail transactions. For some crypto-savvy investors, ETFs might not be a very good substitute. For now ETFs are aimed at bitcoin, while many wallets offer a long and growing list of cryptocurrencies. Wallets also can enable activities like borrowing against, paying with, and generating income from crypto. But for many investors just seeking to participate in bitcoin's upside at the lowest cost, these might be relatively niche concerns.SHARE YOUR THOUGHTSWhat do you predict is the future for bitcoin ETFs in the U.S.? Join the conversation below.At this point, Coinbase's growth shows no sign of slowing: Ahead of its public listing set for this week it reported adding some 13 million verified users in the first quarter of 2021 alone, to 56 million, more than it added in all of 2020.A lot of growth could come through ETFs, were they approved. In addition to opening the door to average investors, ETFs will also likely make it easier for more financial advisers to provide bitcoin allocations to clients, says Matt Hougan, chief investment officer of Bitwise Asset Management, which manages more than $1 billion in crypto funds and has also sought to launch an ETF."ETFs might bring a whole new zone of capital into the market," he said.Investors buying into any crypto investment company today should be thinking about the potential for a very different landscape in the years to come.Write to Telis Demos at telis.demos@wsj.comETFs Could Rock the Bitcoin World
Well said...”All Aboard”
All aboard, it’s like a train collecting passengers and moving forward. Not the fastest but it will get there.
I understand where you’re coming from, ever since the ANT IPO. Such a major player in China’s economy, however the government has a motive that is not conducive to Jack Ma’s vision. I think the company will be a major player in the future, I never expected to be a waiting for this.
What’s your take?
Hope that’s the breaking point.
What’s your take on premium movement, seems like gap is growing....
Will the premium change...
https://ycharts.com/companies/GBTC/discount_or_premium_to_nav
Looks like a turd grader wrote that...
Thanks for the update....
What’s the next big day restripe?
gap keeps growing....20%
Close your eyes for 1 year and you’ll never know.
Financial’s will tell. No news is good news.
There's a sucker born every minute" is a phrase closely associated with P. T. Barnum,
I think now a days it’s every second.... population wasn’t as big back then. Got me! The Bitcoin pizza story was probably a fib too.
I couldn’t resist you set me up, hope story wasn’t close to true.