Bitcoin & Ethereum ETFs Explained For Dummies!

Recently, there’s been a lot of buzz about Bitcoin/Ethereum ETFs in the crypto world. This buzz is valid because if ETFs are approved, this could mean the entry of institutional investors and a rise in the demand for Bitcoin. However, if you are still confused about what exactly ETFs are, how do they affect the price of Bitcoin, how many are there, which ones were denied, and when the SEC will give a verdict, then please watch this ETF explainer video to learn more!

#Cryptocurrency #Bitcoin #ETF

[Coinsider]

What do yall think about all the ETFs being considered? Do you think it will be a positive thing for the crypto space?

[craigcandor]

best vid I've seen so far about the ETF

[TheAgTeam]

Great work Kevin. Super concise and very informative.

[samuellee]

Nice summary. Clear, concise, and a high level summary thats easy to understand. I don't think a Bitcoin ETF will get approved this year. It's still too volitile and not as mainstresm; those that are savvy and interested in cryptos are already in it buying via exchanges. I also think BTC ETF along with Inverse BTC ETF is dangerous and further creates volitility as it makes going short BTC easier and at times very lucrative. Also if NYSE or CBOE have a good chance of getting approved i'd think they would slowly buy up BTC secretly so they avoid buying it at premium prices after the news. I think the possibility of an ETF swirling around is already priced in and if an ETF is approved BTC may temporarily see a small spike up to 10-15%. If their ETF is rejected i can see BTC dipping back into 6k range or lower. G luck but just like gold or silver i'd rather own physical stuff over the GLD ETF. Similarly i like to own and store any cryptos offline with my private keys.

[randomguyontheinternet]

There will be an ETF just probably not this summer yet

[stephenrendall]

Thanks for the explaination. It just a matter of time really. And all this time should be spent accumulating btc.

[michaelhager]

This was quite interesting to watch! given ETH's high gas fees and the oncoming release of Cardano (erc20 converter) and also the recent run-up with Binance Chain, I foresee an exodus for Ethereum and would take profits and swap ETH to ADA and BNB to hedge against ETH not being able to fully deliver scalability until 2022?. Thoughts?

[cunningcatgames]

Sure they will delay the 10th august decision is my honest guess

[borg]

It will pass if all the insiders have all their ducks in a row.

[wanderingknight]

Poor explanation..your regurgitation information

[cryptghstph]

ITS FINALLY BEEN 2 YEARS AND BITCOIN ETF WILL BE APPROVED IN THE USA.