Bitcoin jumps to new record above $65,000 after landmark U.S. ETF launch

AtomicPiss

https://cnbc.com/2021/10/20/bitcoin-jumps-to-new-record-high-above-65000-after-landmark-us-etf-launch.html

greenblood

I don’t get this ETF bullshit. I understand buying oil futures and stuff like that, because who’s buying thousands of barrels of oil? But Bitcoin is so easy to get. Just buy the damn product, no need for an ETF. Unless there’s a general crypto ETF that is like a composite of multiple cryptos. But even then, I think if you get Voyager, they have an option where you deposit money and it automatically buys crypto for you in a way to create a crypto diversified portfolio. But I’m also an idiot, so there must be an advantage I’m not aware of.