Are ETFs already doomed?

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CalmBearMember
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#1Oct 6, 2023, 08:16 PM
So, what's the deal with Bitcoin ETFs? Do we even need them? Some advisors are saying it’s better to just buy actual Bitcoin instead of going through an ETF. They’re pointing out that one is just a piece of paper while the other is the real deal. Makes you wonder why ETFs were created in the first place. Honestly, no one seems to be discussing ETFs these days.
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cobra2013Senior Member
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#2Oct 8, 2023, 05:37 PM
The reality, however, is that between paper and the real thing, some prefer the paper. Also, in all fairness, it comes with a few advantages like not having to learn or worry about wallets and backups and whatnot. So, yeah, there are those who prefer the paper. There are still talks about them Bitcoin ETFs, but not as though they're a new thing. Of course, their volumes rise and fall. I did a quick check on IBIT's volume, BlackRock's Bitcoin ETF. It's still in the billions daily. That remains huge, far from dead.
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paul.bullMember
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#3Oct 8, 2023, 06:19 PM
Today, everyone is saying that they are only talking about ETFs, but at the same time, no one forgets about Bitcoin. I understand what you mean by buying an ETF does not give you Bitcoin directly to your wallet, but the institutional service from which you buy the ETF actually buys Bitcoin for you and holds it. And if you sold this Bitcoin, then the service will sell it, because it does not keep such Bitcoins for itself. Everything is fair and transparent there. As far as I know, 80 percent of ETF users are funds from banks and small institutional investors. They need guarantees, and that's why they don't want to buy themselves, but entrust this service to an ETF service provider, such as BlackRock. I also want to note that ETFs are often discussed because it is the flows of ETFs that are an indicator of economic inflows and outflows of capital into the cryptocurrency.
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vault_cipherFull Member
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#4Oct 8, 2023, 08:39 PM
I'll just say everything has advantage and disadvantage and so does Bitcoin ETF. If you look at it properly it's beneficial for people and  Bitcoin but there's always an argument about things like this. Bitcoin ETF is useful, it make it easier for people and institutions to invest without no real knowledge of wallet security which has been a major challenge for some people, the service encourage institutional bodies to invest which is helpful to control the volatility and stability and increase demand of the asset. But most people feel ETF is not ideal and buying real Bitcoin is better because it exposes the asset to centralization and also it doesn't match the discipline of not your keys not your coins it just same thing as storing your asset in a custodial wallet where a third party have full control of your asset. Even though ETF gives convenience to people it discourages learning about the asset and people don't want handle the asset directly which is not good traditionally
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defi_2017Senior Member
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#5Oct 8, 2023, 11:04 PM
Who is no one? Probably in this forum we don't talk much about ETFs but this forum is not representative of society. There is a large number of people who have invested in cryptocurrencies in a derivative way in recent years, such as with ETFs, shares in bitcoin treasury companies and things like that. There are even banks that offer bitcoin trading and custody services but do not allow you to withdraw it to your personal wallet. People who invest in this way are not usually on this forum.
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omega2017Full Member
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#6Oct 10, 2023, 10:12 AM
No. And An ETF could also be SP top 500 index. What am I saying no to here? You buy and hold. Dividends or accumulating shares. Dividends means you get some of the profit. accumulating means it's reinvested in to the shares. Look at Strategy Inc. They have different options you would understand. Explained. Don Pedro! I am also new to  this. 3 years in. PS. You don't care if they call it etf or stocks at a later stage.
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greg.guruFull Member
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#7Oct 10, 2023, 02:46 PM
Is existance of BTC nessecary? No, but it was created and its still alive. Same with ETFs. They were made to make profit and regulate getting BTC in bigger quantities - and it won't go nowhere.
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omega2017Full Member
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#8Oct 10, 2023, 06:38 PM
justetf com for starters. Check it. Get an idea of what is on the market. BTW. You guys. Any demonstration i should attend to get the politics right?
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falcon_2011Full Member
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#9Oct 11, 2023, 06:54 PM
Also ETFs are discussed, but it's not the ETF board - it's BTC board
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omega2017Full Member
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#10Oct 12, 2023, 01:00 AM
Says one that don't have the money shutting down the fun for everyone. Dictator wanna bee. Stay friends with the landlord. Driving in eco mode. Cardano is 27 cents as etn. Don't call anyone cheap.
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falcon_2011Full Member
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#11Oct 12, 2023, 01:33 AM
i love you too, buddy Easter.
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benledgerSenior Member
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#12Oct 12, 2023, 11:03 AM
It definitely makes sense to us to buy actual Bitcoin rather than buying a certificate to say you own something related to Bitcoin but the super righ and wealthy investors usually have a dedicated advisor and they ususally make a call and their investments are actioned. Bitcoin ETF's could very well be treated the same as Gold for these super righ investors, its on paper. Why did EFT's have come about? because there was an appetite for the product. Just because there is market reaction to what is going on ATM doesnt mean ETF's are no longer.
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cobra_2015Full Member
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#13Oct 12, 2023, 02:32 PM
The type of investor determines that some do not care about Bitcoin at all and do not plan to buy it. They are interested in price fluctuations and profits, and for this type of investor there are ETFs, but they are bad for the long-term direction of Bitcoin and decentralization.
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just_satFull Member
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#14Oct 12, 2023, 07:03 PM
ETFs weren't necessary but it showed how the demand for bitcoin really grew to the point that it reached a different audience. One that wants a "safer" option of holding bitcoin. *double quotation marks indicate that some may believe holding ETF is safer because a third party ensures that but most bitcoiners would probably disagree. Bigger investors usually buy through ETFs. Who knows if they still buy and hold some for themselves but with companies involved, they prefer ETFs.
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w0lf404Hero Member
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#15Oct 12, 2023, 11:55 PM
Depends on who you ask. If you understand the seedphrases, self custody, cold wallet, and other technical things, you won't be interested in ETFs. However, there are many variations of investment management in this world, they don't want to take the risk of compliance, the risk of technical ignorance, the risk of trustless, the risk of after "death"; ETFs are for them.
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alpha_maxiFull Member
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#16Oct 13, 2023, 04:27 PM
In my view:  if people want to use them, use them, if not, not.  For some people they are useful, I tell people to keep their own keys.
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satoshi23Senior Member
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#17Oct 13, 2023, 04:53 PM
Last year bull run was one of the reason bitcoin ETF got more attraction because many see the two coming at the same time and believe the influence of the acceptance of Bitcoin ETF cross the market to skyrocket and bitcoin make all time high, some also have the contradiction that bitcoin ETF was one of the factors that helped Bitcoin rises to that extent and we have the all-time high much earlier than expected, some don't even know the difference that bitcoin ETF is not bitcoin investment but it third party centralized assets.
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0xR4venMember
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#18Oct 13, 2023, 10:00 PM
Bitcoin ETF are still very relevant, but their advantages and disadvantages depend on each individual's perspective. Some investors prefer to buy actual Bitcoin rather than an ETF, because an ETF is simply a "paper" that represents the value of Bitcoin, not Bitcoin itself. If investors want to gain exposure to Bitcoin in a simpler and safer way, a Bitcoin ETF might be the right choice. However, if they want full control over their Bitcoin and don't want to rely on financial institutions, buying actual Bitcoin might be the right choice.
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bengweiSenior Member
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#19Oct 14, 2023, 03:56 AM
Who says no one is talking about ETF? Where were you when Michael Saylor was acquiring huge amounts with Blackrock and Tesla and other big Pocket holders and institutions that are not widely known. The main truth you have to come to terms with, is that Bitcoin is both to individual holders and traders and for corporate pension funds if deemed fit. However, if you hold the real bitcoin, you are your own bank and do not rely on a middle man but for someone planning for their retirement without wanting to bother so much about managing technology security, the Bitcoin ETF is more adviced to hold.
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madfalconFull Member
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#20Oct 14, 2023, 06:33 AM
ETF is still existing but there is absolutely nothing new about it to talk about, it's almost like two years now already since Bitcoin ETF was approved back in 2024 if i still remember well, I understand that it was a hot topic of discussion all through that 2024 and maybe some or most part of 2025 which is last year, now we are in 2026, exactly should we still be talking about concerning the ETF that we all don't already know? Minus those who are new to bitcoin and crypto though. In a society or community, minds aren't always the same, some prefer one thing while others prefer another thing, so also it is here in crypto, there is no way you will or should expect every one to buy into the same idea, as much as buying the real bitcoin is the real thing, there are some who still prefer that paper version of bitcoin and nothing you tell them will convince them otherwise, but regardless, I think the best and most important thing is that we all are satisfied in the end.
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