Post
Topic
Board Speculation
Re: Winklevoss ETF
by
nicked
on 02/07/2016, 23:45:47 UTC
If this has happened it may have more effect on btc price rise than the impending  halving....

it would have already because of insider-trading. i don´t think it is happening anytime soon.
Yeah, the market doesn't wait long to react to news.  I'm not a firm believer in efficient markets, but I am certainly not a believer in learning-disabled markets.  If it was going to have any effect, it would have already.

I can't figure out (in my pea-brain) why anyone would make an ETF out of bitcoin.  Why not just buy bitcoin?  Then again, derivatives exist for everything, right?  I'm just ignorant.
Because certain types of investment funds are not legally allowed to invest in Bitcoin itself, but they can invest in an Exchange Traded Fund.