Should You Invest in a Bitcoin ETF?
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Why the new U.S.-based Bitcoin ETFs are a bad idea and will underperform Bitcoin.

Topics covered include:

• What fund and ETF options are available for investing in Bitcoin
• Why the U.S. has only authorized Bitcoin ETFs that invest in Bitcoin futures even though there are closed-end funds that hold Bitcoin directly
• What is there a regulatory battle surrounding cryptocurrencies?
• How closed-end funds differ from ETFs
• How Bitcoin futures work
• Why Bitcoin ETFs that invest in Bitcoin futures will lag the performance of owning Bitcoin directly
• Why investors should avoid the new U.S. Bitcoin ETFs

Thanks to Policygenius) and Justworks) for sponsoring the episode.

For more information on this episode click here).

Show Notes

SEC Set to Allow Bitcoin Futures ETFs as Deadline Looms by Katherine Greifeld, Vildana Hajric, and Benjamin Bain—Bloomberg)

U.S. SEC Chair Gensler calls on Congress to help rein in crypto 'Wild West' Katanga Johnson—Reuters)

Bitcoin Strategy ETF—ProShares)

Purpose Bitcoin ETF—Purpose Investments)

Grayscale® Bitcoin Trust)

Osprey Bitcoin Trust)

Jacobi receives approval for "world’s first tier one" bitcoin ETF—Funds Europe)

Remarks Before the Aspen Security Forum by Chair Gary Gensler—U.S. Securities and Exchange Commission)

Coinbase abandons lending product after SEC pushback by Hannah Murphy and Stefania Palma—Financial Times)

Coinbase calls for creation of dedicated crypto regulator by Hannah Murphy and Stefania Palma—Financial Times)

First bitcoin futures ETF to make its debut Tuesday on the NYSE, ProShares says by Tanaya Macheel—CNBC)

Rustication by Dennis J. Pogue—Mount Vernon Ladies' Association)

Is Thomas Jefferson’s Monticello Constructed of Rammed Earth?—Earth Architecture)

What is Roll Yield and How It Impacts Bitcoin, Commodity, and VIX ETF Returns—Money For the Rest of Us)

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