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Author Topic: Will the First Bitcoin ETF Make the Crypto Market Even More Volatile?  (Read 81 times)
mijasda (OP)
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August 20, 2018, 03:31:31 AM
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The first Bitcoin exchange-traded fund (ETF) is expected to be approved in February 2019. However, some experts say that ETFs may increase market volatility.

How will ETFs affect the market
In the past few months, analysts have had a disagreement over the impact of the US Securities and Exchange Commission (SEC) on the BT's ruling on the encryption market.

https://www.ccn.com/will-the-first-bitcoin-etf-make-the-crypto-market-even-more-volatile/
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August 20, 2018, 04:14:25 AM
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Article is based on  views of  Andreas Antonopoulos but did not cover all points




Edit: Adding below the views of  Andreas Antonopoulos

https://www.youtube.com/watch?v=KSv0J4bfBCc&feature=push-u&attr_tag=GUmiDnU0TxDaahFh%3A6&ab_channel=aantonop

The main points from his video

1.When you own Bitcoin you own keys. You are in control of your Bitcoin. By ETF , you will not have any keys so you are not in control of your Bitcoin.

2.ETF owner/Custodian  will be a single holder of the Bitcoin. ETF holding so large amount of Bitcoin can easily manipulate the market.

3.If any debate going to happen in bitcoin (like Bitcoin cash ) in future then ETF custodian will have the voice but not the actual share holders.

4.Bitcoin ETF is a terrible idea but it might happen in future.




Actually Mr. Antonopoulos view is based on assumption that commodity market can be manipulated. I have no idea how true this statement is.

I guess every country took some measure so that market cannot be manipulated and it is a punishable offence.

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