You are viewing a single comment's thread from:RE: Bitcoin is going to mirror the price action of Gold back when its ETFs launchedView the full contextView the direct parentjrcornel (81)in #bitcoin • 6 years ago Yep, but does the positive of having a derivative like an ETF outweigh its negatives? I think yes.
Short term yes, but longer term the arbitration could lead for it to be controlled by institutions rather than retail which undermines the original purpose. Only time will tell!
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Very good point.