Comments by "Samson Soturian" (@samsonsoturian6013) on "Bitcoin on The Big Board - The Bitcoin ETF" video.

  1. That statement alone is a flat contradiction common in the Crypto Bubble. Nothing can be both an investment and a currency.
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  2. Just because there's an overlapping key word doesn't mean they're related. Besides, the securities themselves weren't what caused the Housing Bubble
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  3.  @justcows7772  it's pure speculation and the expected return is zero.
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  4. According to the prospectus they're buying t-bills to use as collateral for going long futures a year out and below. Thus indirectly effects bitcoin's price because the man on the other side of the trade is probably an arbitrager. He sold a future but already bought bitcoin at a lower price for a small guaranteed profit. However, in times of high volatility this can make prices behave strangely as everyone rebalances all at once.
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  5. When you throw out the meme coins, you'll see all crypto is highly correlated to each other.
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  6.  @justcows7772  until it gets banned.
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  7. What stops the whales from manipulating the price of any crypto?
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  8. Prolly not ever.
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  9. If you short the futures and buy the underlying this is called futures arbitrage and is low risk like a bond. What you're talking about is statistical arbitrage where you find the total value of all the assets in an ETF and you short whichever is expensive and buy whichever is cheap. This requires a lot of quick math and is mostly done with computer traders.
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  10. If you really thought that you wouldn't be on this channel
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  11.  @KL-nj9oe  you lose.
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  12.  @KL-nj9oe  you're a liar too.
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  13. 0.7% fee. In exchange there's liquidity, exposure to futures, regulatory oversight, and a risk arbitrage as futures can make you lose more than invested but you can't with ETFs.
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  14. Corrections: 2/3rds are in t-bills whose profits help cover expenses. 1/3rd is required by the broker as collateral for the futures, but brokers only require a part of the total value of a cash-settled future to be posted. The SEC is allowing zero leverage with these kinds of ETFs, so most of the fund is actually in t-bills being used as collateral.
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  15. The SEC blocked at least a dozen of these. This one got through because it has zero leverage and distances itself from unregulated markets.
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  16. It would only drive up the price if new people buy into crypto.
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  17. Yeah. It's literally the only one the government would approve of.
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  18. You are not a bank.
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  19. There's no blockchain transaction, but RH moves to coin from their account to your account so it is your Bitcoin
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  20. I hope so. I finally have a chance to take Buffet's advice and buy a long term ITM put.
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  21. Most of the expenses are covered by how the collateral for these futures are t-bills and t-bill repos. This also removes the risks with an unregulated market, and provides liquidity. So while any ETF provider is in it to make money, these guys are providing a real service.
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