CryptoAlchemy
Fri Jul 05 2024
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7 answers
1608
What is a bitcoin futures ETF & a spot bitcoin ETF?
Could you please elaborate on the key differences between a Bitcoin futures ETF and a spot Bitcoin ETF? As an investor in the cryptocurrency space, I'm interested in understanding the nuances between these two investment vehicles. With a futures ETF, does it involve contracts that track the future price of Bitcoin, while a spot ETF directly holds Bitcoin? Are there any tax implications or liquidity considerations I should be aware of when considering these options? Additionally, how do the performance and risk profiles of these ETFs compare? Thank you for your insights.
