February 14, 2022
There is already a spot ETF in Canada. There have been no incidences of \"market manipulation\" with it. The futures ETF already just increases the fees and costs for the retail investor. So the rational that this is somehow \"protecting\" the retail investor is ridiculous. How you can have a futures ETF when the futures trade in relation to spot already boggles the mind. The fund is trading at a discount an is a vehicle may retail investors can use to diversify their retirements account with. It has 3% of the total bitcoin supply. It should have been approved already and I'm tired of Mr. Gensler trying to \"protect\" me.