Could an ETF actually be a negative for Bitcoin?

in #bitcoin3 years ago

The short answer is no, but perhaps not as positive as we would like it to be

An ETF has fees that are going to cause outflows.

We don't want outflows, we want demand demand and more demand.

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(Source: https://twitter.com/woonomic/status/1422143195568173056)

MSTR might work better in terms of fees.

The bad thing with MSTR is that they can sell shares when they want...

That's always a risk with stocks vs buying btc outright, the supply of btc doesn't change.

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Thank you so much for this informative article, I would like to learn more about bitcoins and cryptocurrency in general so can you recommend me some books?

Dylann56, personally I recommend you to read The Book Of Satoshi by Phil Champagne and Bitcoin From Beginner to Expert by Christian Newman because they are really informative and very detailed. Besides, here you can also read this cool blog and probably some of these articles will help you to better understand how it works. I wish you good luck with it

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