The Pros and Cons of Bitcoin Futures ETF Approval

Talk beyond price action continued to focus on the likelihood of an exchange traded fund, better known as an e t f, approval from the united states regulator. Critics continue to argue that an e tf could ultimately cause more harm than good to bik coin. And in particular, futures came in for scrutiny this week. If a bit coin futures e t f is approved, in my opinion, it will be an expensive way to hold b t c. The e t f effectively out sources the holding of b t c to hedge funds through a chain of profit incentives.