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Bitcoin Cash Futures.....Spot ETFs next?
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Topic: Bitcoin Cash Futures.....Spot ETFs next? (Read 10 times)
Abiky
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Bitcoin Cash Futures.....Spot ETFs next?
Today
at 01:43:45 AM
#1
Coinbase recently launched BCH futures trading. Does this open up the doors for spot ETFs? For a cryptocurrency often hated by Bitcoin maxis (no offense), I'm impressed it has reached this far. At least, BCH isn't like BSV which is a centralized "shitcoin" backed by a Satoshi wannabe.
What do you think will be the impact of futures trading on BCH? Will spot ETFs come next? Do you think institutional investors will prefer BCH over other altcoins of its own kind (such as Litecoin)?
Your input would greatly appreciated. Thank you.
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Re: Bitcoin Cash Futures.....Spot ETFs next?
Today
at 02:46:09 AM
#2
BCH have the history of having 51% attack which make its reputation tarnished. For that reason I don't think it will have ETF and if somehow it gets one, I don't think it will be popular ETF.
It will be a waste of resource better to have other altcoins ETF instead of the one with bad reputation.
It's just my opinion though. I mean I also acknowledge the fact that even with that attack the FDV still sitting at 11B and ranked 12 top coin by valuation.
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