New BTC futures ETF

Discussion in 'Crypto Assets' started by Pekelo, Oct 17, 2021.

  1. Pekelo


    #11     Oct 17, 2021
    NoahA likes this.
  2. Sig


    Currency futures have no impact on currency spot prices. The no arb price of the futures is simply a mathematical formula made up of the difference between the interest rates of the two currencies and the time remaining to expiration. The volume of forex spot is orders of magnitude greater than futures, so although the futures product is viable and well traded it doesn't impact forex spot prices. Exactly like BTC futures.
    #12     Oct 17, 2021
    jys78 likes this.
  3. SunTrader


    Who is that Fabio jr?
    #13     Oct 17, 2021
    johnarb likes this.
  4. SunTrader


    Umm guess what happens to current Bitcoins if crackdown is round the world?

    Less supply coming on line and equal or greater demand means higher price.

    I wouldn't be surprised if some Chinese gubmint officials don't have a few ... thousand BTC's they are waiting to unload and park the funds in a offshore account or two.
    #14     Oct 17, 2021
    johnarb likes this.
  5. KCalhoun

    KCalhoun Sponsor

    what day does bito open? oughtta be fun if liquid
    #15     Oct 17, 2021
  6. 1.4 billion Chinese are not allowed to buy or hold crypto assets anymore due to lack of energy for their essential needs: I see clearly much less demand for crypto assets.
    #16     Oct 18, 2021
  7. MrMuppet


    sure :)
    #17     Oct 18, 2021
    Axon and johnarb like this.
  8. SunTrader


    1.4 billion Chinese don't hold.

    Do you think 330 million Americans hold?

    Whales and a bunch of millennials hold. That's all it taken to get Bitcoin to 60 friggen G's.

    But yeah it's going to be 60 pennies annnnnnnnnnnnyday now.
    #18     Oct 18, 2021
    johnarb likes this.
  9. I think you mean 'after so many months'. The micro BTC was only launched in May.

    #19     Oct 18, 2021
    johnarb likes this.
  10. 95a3b322dc7b2f93bb80a2e5c21629a7.jpg
    #20     Oct 18, 2021
    yc47ib, MrMuppet and Nobert like this.