First there were ETFs, then came ETNs, now there are ETCs
Discussion
ETFS ❌
ETNS ❌
ETCS❌
BTCS ✅
Bring on the inverse ETF, short etf, futures eft, an etf of all etfs
Shorting ETNs
That will be a thing 😂
But this isn't new?
Notes were used mainly, but after realising the could also ETF it, they just swapped commodities for equities.
Tbh you count ETF anything
It’s all new to me and it’s all new to Bitcoin.
We’re playing the same shitty games with Bitcoin the money men used to play with old money 😞
Not entirely new for Bitcoin sirr. Products like GBTC (an OTC trust) existed since 2013, and various European ETPs (ETNs/ETCs) tracking Bitcoin launched years ago(2015-2016).
The financial packaging of assets for exchange trading is indeed an old game, now applied to new assets.
Yet I’m still waiting for E.T.2 at the local cinema.
Fuck this phoney system.
ET2, "FaceTime home"
There’s actually a trailer that looks pretty cool…
ETB next... That's exchange traded bitcoin
