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Bitcoin & Ethereum ETFs Explained For Dummies!

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Recently, there’s been a lot of buzz about Bitcoin/Ethereum ETFs in the crypto world. This buzz is valid because if ETFs are approved, this could mean the entry of institutional investors and a rise in the demand for Bitcoin. However, if you are still confused about what exactly ETFs are, how do they affect the price of Bitcoin, how many are there, which ones were denied, and when the SEC will give a verdict, then please watch this ETF explainer video to learn more! #Cryptocurrency #Bitcoin #ETF
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Text Comments (25)
Bitcoin for Beginners (4 months ago)
What do yall think about all the ETFs being considered? Do you think it will be a positive thing for the crypto space?
Bitcoin for Beginners (4 months ago)
what event is that?
Nick Collishaw (4 months ago)
Bitcoin for Beginners I think anything that speeds up adoption has to be beneficial for BTC and the alts that will follow it, given the degree of impact trading bots are currently having on the variability. ETF means wider acceptance and potential Manipulation too but that will occur regardless; there is no escaping it. I think a big event has been planned for the 8th outside the crypto space but it will impact Digital currencies significantly
Ikke (4 months ago)
Straight to the point again, kevin!
Bitcoin for Beginners (4 months ago)
Thanks for watching Terrence!
Bollof Soop (4 months ago)
Thank you, Kevin.
Bitcoin for Beginners (4 months ago)
My pleasure I do this for yall
Craig Candor (4 months ago)
best vid I've seen so far about the ETF
Bitcoin for Beginners (4 months ago)
Thank you so much we spent a lot of time preparing it.
Nick Collishaw (4 months ago)
Great work Kevin. Super concise and very informative.
Bitcoin for Beginners (4 months ago)
My absolute pleasure
stephen rendall (4 months ago)
Thanks for the explaination. It just a matter of time really. And all this time should be spent accumulating btc.
Bitcoin for Beginners (4 months ago)
Agreed!
Bitcoin for Beginners (4 months ago)
Also if you want to discuss the topic of Bitcoin ETF more... https://www.bitcoinforbeginners.io/discussions/threads/to-etf-or-not-to-etf-thats-the-question.445/
Samuel Lee (4 months ago)
Nice summary. Clear, concise, and a high level summary thats easy to understand. I don't think a Bitcoin ETF will get approved this year. It's still too volitile and not as mainstresm; those that are savvy and interested in cryptos are already in it buying via exchanges. I also think BTC ETF along with Inverse BTC ETF is dangerous and further creates volitility as it makes going short BTC easier and at times very lucrative. Also if NYSE or CBOE have a good chance of getting approved i'd think they would slowly buy up BTC secretly so they avoid buying it at premium prices after the news. I think the possibility of an ETF swirling around is already priced in and if an ETF is approved BTC may temporarily see a small spike up to 10-15%. If their ETF is rejected i can see BTC dipping back into 6k range or lower. G luck but just like gold or silver i'd rather own physical stuff over the GLD ETF. Similarly i like to own and store any cryptos offline with my private keys.
Bitcoin for Beginners (4 months ago)
Thanks for the thoughtful note, agree with many of your points of analysis! Cheers!
borg386 (4 months ago)
It will pass if all the insiders have all their ducks in a row.
borg386 (4 months ago)
Bitcoin for Beginners yes, and all those in know ( big players etc.) making sure they have everything in place as far as their positions go too.
Bitcoin for Beginners (4 months ago)
Have their ducks in a row in what way? Like all their application information is sent to SEC and lined up?
I am a Noob (4 months ago)
Sure they will delay the 10th august decision is my honest guess
Bitcoin for Beginners (4 months ago)
I agree
Adriano El Casinero (4 months ago)
There will be an ETF just probably not this summer yet
omfgfgomfgomfogm (4 months ago)
first
Bitcoin for Beginners (4 months ago)
Third! haha
tingstravels (4 months ago)
second!

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