Sunday, October 8, 2023

What are your thoughts on a potential Bitcoin ETF on the horizon and would you invest?

I’m fully aware of the controversies surrounding Bitcoin and crypto but I am interested to hear your thoughts on the potential up and coming Bitcoin ETF and trades/positions surrounding it.

For starters, if this ETF gets approved by the Sec (decision expected circa Feb 2024 for Blackrocks Bitcoin ETF for example), there could be some good trades to be made.

For those of you who know a little about Bitcoin, you may also know that the Bitcoin halving is due in or around April 2024. Traditionally, a bitcoin bull market has followed this.

Both of these events coinciding may be an opportunity to stock up on Bitcoin related stocks i.e Bitcoin mining stocks, etf (if passed) and other crypto related ETFs like Van Eck DAPP.

What do you guys think? Will you be making any positions?


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