Quote from: jseverson on August 22, 2018, 08:26:44 AM

Worth noting that this has been available since 2017 and not many people cared then either:

https://bitcoinmagazine.com/articles/scandinavia-leads-europe-latest-bitcoin-exchange-traded-note-launch/

Then again, ETFs require the fund to actually hold the asset it tracks while ETNs don't, so the difference in hype may lie there. ETNs don't actually help the market while ETFs can.

This ETN is voluntarily backed 1-1 so it's not pure paper like many others. If it was taken up with a vengeance it would have a market effect.

Could this be a wee omen for any ETF that actually did pass? There've been many other things that were going to 'save' us like the LedgerX thing and nothing was heard from them again once they got going.

Nothing launched now will have much take up. Interest is dead. I expect this to see a major uptick in a bubble just like everything else.