Crypto ETF Explained: What Investors Need to Know
Episode description
What are Crypto ETFs? And how will they change the crypto investment landscape?
Today, Albert and Stephanie explore the potential impact of Crypto ETFs coming to major players like Fidelity, Vanguard, and BlackRock.
With only 2-3% of people currently invested in cryptocurrencies - according to Albert’s math - could crypto ETFs open a new market of potential investors? And what would this do to the price of Bitcoin or other existing cryptocurrencies?
In this episode, you will learn:
- (01:00) What is an ETF? And what is a Crypto ETF? Why does this news matter?
- (04:55) Why SEC-approved Bitcoin ETFs could dramatically expand investment access to people looking to get exposure to cryptocurrency but not wanting to burden themselves with the perceived “risk” of purchasing Bitcoin directly
- (00:11:00) Side Rant: Why buying Bitcoin directly from a platform like Coinbase really isn’t that risky and may be a better option
- (00:16:00) The pros and cons of a Crypto ETF vs purchasing Crypto directly
What are your thoughts? Would you invest in a Crypto ETF? Let Steph and Albert know by hitting them up on LinkedIn @StephaniePostles and @choualbert.
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