Bitcoin ETFs: What They’re Not Telling You Part 1

Equedia Investment Letter Podcast

Everyone believes Bitcoin is about to take off.

And they may be right.

With Bitcoin ETFs popping up in Europe and Canada, many expect that an American Bitcoin ETF, led first by Blackrock, will be the spark that sends Bitcoin higher.

In fact, the SEC has now accepted applications from six firms to create spot bitcoin exchange-traded funds.

If these ETFs get approved, they would have to buy Bitcoin to backstop their value. The higher the demand for these ETFs, the more Bitcoin they will have to buy.

This will no doubt send the price of Bitcoin higher.

When the first Bitcoin futures ETF was approved in October 2021, Bitcoin shot to an all-time high of $69,000 just a month later.

Imagine what could happen if a number of spot Bitcoin ETFs suddenly get approved and can be traded using traditional brokerage accounts, including RRSPs or 401ks.

But we’re not here to tell you the obvious.

We’re here to tell you a side of this story that no one else will.

While everyone believes that opening Bitcoin to the most prominent institutions benefits Bitcoin supporters, the opposite could be true.

In fact, IF these large and powerful institutions begin to participate in Bitcoin via a spot price mechanism, the very essence of what makes Bitcoin special could be destroyed.

Please visit for the text version of this podcast: https://www.equedia.com/bitcoin-etfs-what-theyre-not-telling-you-part-1/
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