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- เผยแพร่เมื่อ 14 ม.ค. 2024
- 11 Bitcoin ETFs are finally here. But what does that even mean? Our video on bitcoin ETFs explained will walk you through the reason we bought some bitcoin, the reasons you should buy a bitcoin ETF (or not), and of course we list out the 11 bitcoin ETFs investors have to choose from. The best bitcoin ETF is quite simply the one that charges the lowest fees. That Grayscale rubbish needs to be kicked to the curb (it is) while the Bitwise ETF should be avoided like the plague because that company is having legal problems. You can't go wrong by choosing the Blackrock bitcoin ETF (the iShares bitcoin ETF) while the Fidelity bitcoin ETF is also seeing solid inflows because of their great brand. We're leaning towards the ARK bitcoin ETF because they command a lot of attention from institutional investors and have the second-lowest fees. Ignore introductory expense ratio discounts and look at what they eventually will be. And if you're wondering whether it makes sense to just buy bitcoin using Coinbase instead of using a bitcoin ETF, we answer that question too.
ESEARCH PIECES USED IN THIS VIDEO:
1. Bitcoin is Crashing and Burning: What Next?
www.nanalyze.com/2022/07/bitc...
2. Is Investing in Bitcoin a Safe Haven Like Gold?
www.nanalyze.com/2020/09/inve...
3. Why a Bitcoin Crash May Be Imminent
www.nanalyze.com/2021/12/bitc...
4. The Safest and Easiest Way to Invest in Bitcoin
www.nanalyze.com/2020/09/safe...
CHAPTERS:
00:46 ARK invest loves bitcoin
02:22 Bearish on bitcoin
03:34 Why we bought bitcoin
05:21 Bitcoin ETFs go live
07:40 A list of 11 bitcoin ETFs
08:38 Which bitcoin ETF is the best?
10:22 Buy bitcoin or bitcoin ETF?
ABOUT US:
This video is brought to you by Nanalyze, a boutique media and research firm founded by finance professionals with decades of experience. We share insights about #DisruptiveTechnology #investments in a language that is future-proof and easy to understand.
Read all the Nanalyze Premium articles you'd like for free! Sign up for a 30-day trial of our monthly subscription with no strings attached: www.nanalyze.com/become-a-nan...
#bitcoin
#bitcoinnews
#bitcoinetfs
#bitcoinetf
#bitcoinetfnews
#arkinvest
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Great channel, but having Coinbase hold your Bitcoin shows a clear lack of actually understanding BTC.
Cheers for the compliment sandwich ;) We've documented exactly why we've made that choice and you need to read the receipts before claiming we don't understand BTC.
I think the biggest benefit of having ETFs is financial advisors can now easily buy Bitcoin for clients and institutions can safely buy it without setting up cold storage
cold storage setup takes like
@@CH-dp7yi and then the company needs to acquire the Bitcoin . ETF is a phone call
Liquidity and accessibility are two big advantages
Man it's nice to have a channel that keeps things logical, trough every hype and trend. No nonsense, just well substantiated views. Not hating, not pleasing, just astute content. Thanks
Really appreciate those kind words, thank you!
Awesome as always 👌
We appreciate that feedback. Consistency is important in this game!
Excellent video as usual. Just wondering if a Bitcoin ETF total value is supported by an equivalent Bitcoin holdings. If it’s not, aren’t the ETFs akin to gold ETFs that are not really backed by physical gold? In other words monopoly/paper money?
Spot bitcoin ETF - from all accounts we've read - means they hold the physical bitcoin. Oh wait, there isn't any physical bitcoin. You know what we mean though. ;)
Thanks!! Incredible info video as always.
Do you use Coinbase, Coinbase Wallet or cold storage to store your crypto and why? Would love to hear more if possible
I have lost more than $128,000 worth of USDC on coinbase wallet! It happened in December 2021, still hurting me! After that i have been using hardware wallet. Better keep your assets in offline!
Coinbase fees are really high imo.And when you store them in your cold wallet the exchange doesnt matter imo :)
We use Coinbase for reasons we've documented in previous videos.
Their fees are very high, that's true.
Fidelity is the only one that self custodies the Bitcoin . Grayscale keeps fees high because it’s customers are trapped. Most would face huge tax bills if they left fund.
One slide in the video shows the massive outflows from Grayscale which implies plenty of customers are exiting those high fees.
@@Nanalyze they have $26 billion in assets and lost $600,000,000
@@eddiegillfitting response :) btc is financial freedom some may say
@@eddiegill Good point. You always need to put numbers in context. That said, their investment vehicle is utter shite. Always has been.
What legal trouble is Bitwise Investments having? Are you confusing it with Bitwise Industries? Those are two separate companies and are not related at all. I couldn’t find anything to verify your passing remark about it.
Yes, thank you for pointing this out. We assumed it was the same entity due to the name, but you're right that this isn't the case. We take back our comment on Bitwise Investments, in this case. We still would prefer a highly reputable manager like ARK, Fidelity, or BlackRock.
@@Nanalyze Thank u for setting the record str8 on Bitwise BTC.
Any idea how soon either of those BTC ETFs will offer options trading?
Not sure to be honest. Here are some thoughts on options trading ;) th-cam.com/video/rqp0yy_pr6s/w-d-xo.html Be very careful!
So if bitcoin doubles then would my bitcoin etf double as well if it’s the bitcoin only etf ?? Thanks
Assuming the fund is perfectly tracking BTC, then yes.
Thoughts on Robinhood for crypto?
th-cam.com/video/2KONryI6jU8/w-d-xo.html
I invested in a set of limited edition air-guitars. Definitely not an infinite supply. A very good and trustworthy friend whom I never met in real life, advised me to do this. He's storing the physical air-guitars for me in his garage. Such a nice guy. I am now waiting for them to rapidly increase in value. He said this will happen soon because big whale price manipulators are going to buy up all the air-guitars soon.
HA! Underrated comment.
Are any still available? Would you be willing to consider a trade for some digital pictures of rocks? Joe P.
Haha mr Pivarunas, Yes I still "have" them. I might do that, depending on how many zeros are in your binary image. I heard the more zeros, the more valuable your photos are. @@Nanalyze
interesting you mention Ark because in the video next to yours Woods predicts that only
3 btc etfs will survive. Woods, a year or two back, was predicting that btc would go
to million! That woman sails on regardless ignoring everything she ever said before!
Sounds like a good salesperson! ;)
What happens if an ETF losses custody of the Bitcoin? Will an ETF still make investors whole???
Great question. Pretty sure a Blackrock or a Fidelity will. They have a reputation to protect. It's one of the reasons why you'd want to stick with a larger franchise.
You need to be subscribed to this channel before reading the below comments. Sorry, we don't make the rules.👮
th-cam.com/users/nanalyze
this is the money of the future
Anything else you'd like to add there Captain? Or is that all the wisdom we can expect for today?
I can see the possibilities with crypto, but so far it does not appear anyone is moving crypto to become a competing payment system. As far as replacing fiat currency, you can't replace fiat currency if you are being purchased with fiat currency and your value is based on circulating fiat currency. That whole thesis never made sense. I don't know how the Bitcoin community fell for that crap when they were literally purchasing crypto with fiat currency and the entire value of crypto was based on the ability of fiat currency users to buy more. How exactly does Bitcoin rise in value if no one has currency to drive its value up? And how does crypto replace fiat currency if it can't drive its own value up? It makes zero sense. So I bought coinbase for the crypto play because I could at least see how coinbase made money. If Coinbase eventually makes it easier to use crypto as a competing payment system with a lower transaction fee, then crypto will make sense.
You should have witnessed the El Salvador bitcoin debacle. We were there for it and it was about what you would expect. www.nanalyze.com/2021/09/real-story-bitcoin-el-salvador/
...Ark. Well, this doesn't help your good reputation.
Love them or hate them, ARK is the most successful thematic ETF in terms of total assets under management.
Clearly a main stream mentality on this channel. Complete lack of understanding of bitcoin. Bitcoin will dominate everything eventually, laugh at me now but cry later. Go listen to somebody like Michael Saylor whom they actually had the gall to criticize.
Ladies and gentlemen, a typical bitcoin cheerleader you'll find in the wild along with the sort of value you can expect them to bring to the table.
Eww
Yes