BTC Spot ETFs: Are they good or bad?
BTC Spot ETFs: Are they good or bad?
๐ค Once the Bitcoin Spot ETFs have been approved, how does it benefit us and how does it harm us? As retail investors we should not be completely happy. Although BTC will have more visibility and exposure, as well as market volume, these are the most positive parts, it will also make the panorama more complex. For us, it just became 10 times harder to play. Now it's time to compete against trillion-dollar asset managers. Those who have everything at their disposal to manipulate and keep our profits. It's time to adopt ultra-calculated tactics.
However, if you had a good entry (you entered before them), you are not at risk of anything, as long as you are a long-term investor since these will be the big winners.
In conclusion: The only advantage that I see from now on. It will be more stable. I don't think it goes up or down much in a day. In those markets they are not used to an asset going up or down a lot.