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Lark Davis Shared: This year we got 3 countries to approve bitcoin ETFs!!! That is HUGE!
2021 has been insane!
Community Response: Seeking approval and validation from the establishment should not be celebrated. They do not own or control Bitcoin, nor can they stop it. We aren’t asking for permission.
Let Bitcoin take us to the moon. 2022 will be the cherry on the cake. 2022 will be bigger and better.
BTC is the future international currency. There is no way to stop the trend. The Altcoin season is also starting soon.
I am sure that next year we will see more countries that have accepted bitcoin. The number of Bitfinex partners among them will also increase.
Don’t you believe that nodes, hardware/software are a much more important focus for survival once the war against fiat really begins?
3 poverty countries known for laundering money to utmost. BTC has no use case.
Brace yourselves. Confirmations about a bull market coming in again.
And yet Bitcoin really hasn’t done much. Not a good sign. What will it take to actually move the market at this point?
For clarity, Bitcoin ETFs already exist in some countries. Many such funds have been launched in Canada, Brazil, Europe and Dubai just this year.
The Top five crypto NFTs to buy now are: ProShares Bitcoin Strategy ETF (BITO); Valkyrie Bitcoin Strategy ETF (BTF); VanEck Bitcoin Strategy ETF (XBTF); Purpose Bitcoin ETF (BTCC); Amplify Transformational Data Sharing ETF (BLOK).
The ProShares ETF is being called “Bitcoin-linked,” as it will invest primarily in Bitcoin futures contracts and not directly in Bitcoin.
There are lot of Bitcoin ETFs in the pipeline.
For those who are absolutely new to bitcoin ETF: A bitcoin ETF mimics the price of the digital currency, allowing investors to buy into the ETF without trading bitcoin itself.
Investing in a bitcoin ETF cuts out any issues of complex storage and security procedures required of cryptocurrency investors.
ProShares, a provider of specialized exchange traded products, began trading of the Bitcoin Strategy Fund on Oct. 19, 2021, marking the first Bitcoin ETF to trade in the U.S.
So, while all these are happening in the past the SEC has stated, “U.S. residents are sending money to all sorts of exotic locations to invest in unregulated [cryptocurrency] instruments with absolutely zero recourse for losing every cent they’ve put at risk regulation will begin to solve those issues and keep client assets ‘onshore.’”
