BitcoinETF approval will possibly cause much bigger jump than most people expect

[bbc.reporter]

It appears that after the approval of the ETF, there are other people and organizations who are creating their own investment types that will take advantage of bitcoin's volatility hehehe. One of these new investment types is AMINA CoinDesk BTC Momentum Index or BTIAMINA. I am not certain, however, the method it was described in this article makes it appear that this is something similar to FTX's leveraged tokens heehehh. Has anyone traded leveraged tokens in FTX? It was a very headshaking experience.



While spot ETFs have dominated the headlines, other innovative indices and products are also being launched. Spot ETFs provide beta exposure to an asset, but what are the alternative ways to access bitcoin beyond beta?

Recently, AMINA Group and CoinDesk Indices launched the AMINA CoinDesk BTC Momentum Index (Ticker: BTIAMINA), which aims to provide dynamic exposure to bitcoin by shifting to cash (USD) when price trends are unfavorable.

Source https://www.coindesk.com/coindesk-indices/2024/07/01/bitcoin-20-seeking-alpha/

[Uhochi]

I agree, a Bitcoin ETF approval could lead to a bigger spike than expected. Many investors are aware of the potential, but plenty of others still haven't caught wind of it.

Once the news breaks and advertising kicks in, more people will take notice. BlackRock's involvement is significant, and their marketing efforts could draw even more attention to Bitcoin's scarcity. Of course, a rejection would be disappointing, but either way, it'll be an exciting start to the year!

[fillippone]

It appears that after the approval of the ETF, there are other people and organizations who are creating their own investment types that will take advantage of bitcoin's volatility hehehe. One of these new investment types is AMINA CoinDesk BTC Momentum Index or BTIAMINA. I am not certain, however, the method it was described in this article makes it appear that this is something similar to FTX's leveraged tokens heehehh. Has anyone traded leveraged tokens in FTX? It was a very headshaking experience.



While spot ETFs have dominated the headlines, other innovative indices and products are also being launched. Spot ETFs provide beta exposure to an asset, but what are the alternative ways to access bitcoin beyond beta?

Recently, AMINA Group and CoinDesk Indices launched the AMINA CoinDesk BTC Momentum Index (Ticker: BTIAMINA), which aims to provide dynamic exposure to bitcoin by shifting to cash (USD) when price trends are unfavorable.

Source https://www.coindesk.com/coindesk-indices/2024/07/01/bitcoin-20-seeking-alpha/

These are actively managed indexes.
They are a tough sell.
Imagine you just convinced a boomer to put 1% of his portfolio on a Bitcoin tracker; good luck making him shift from a passive tracker to an actively managed (with higher fees) product.
Also, a crypto native wouldn't buy such a product.
So, there is a very small niche where to go and find your buyer for these products.