New BTC futures ETF

[betcashrun]

Meme and smiley against reality:
NY times:
https://www.nytimes.com/2021/09/27/business/economy/china-electricity.html

Power Outages Hit China, Threatening the Economy and Christmas
High demand and soaring energy prices have forced some factories to shut down, adding further problems for already snarled global supply chains.

FT:
https://www.ft.com/content/5174e592-1f0b-4334-91ab-aa89ceff3821

China’s energy crisis threatens lengthy disruption to global supply chain
Months of shortages have cut power to households in China's north-east and caused outages at factories across the country.

 

[zdreg]

Maybe a futures contract for dollars that are traded outside the grip of the FED ecosystem in a black market that only a handful of players can access?

The limits on withdrawals have triggered a thriving black market in cheques for some of the billions of US dollars stuck inside the Lebanese banking system © Joseph Eid/AFP via Getty Images



So desperate was Jamal, a businessman, to get his cash out of his bank account in Lebanon that he agreed to a transaction that would make no sense anywhere else in the world. He sold a cheque for half of its face value. “Someone took 50 per cent of my money, yes. But I was so happy” to get it out of the bank, said Jamal, who did not want his real name to be published.

 

[MrMuppet]

The limits on withdrawals have triggered a thriving black market in cheques for some of the billions of US dollars stuck inside the Lebanese banking system © Joseph Eid/AFP via Getty Images



So desperate was Jamal, a businessman, to get his cash out of his bank account in Lebanon that he agreed to a transaction that would make no sense anywhere else in the world. He sold a cheque for half of its face value. “Someone took 50 per cent of my money, yes. But I was so happy” to get it out of the bank, said Jamal, who did not want his real name to be published.

Perhaps this is one of the best examples of why crypto has value

 

[Pekelo]

BITO is listed at 40 premarket...

 

[Pekelo]

MSTR (and the other mining companies too) is tanking. Maybe investors are switching from a mining proxy to the new ETF...

 

[johnarb]

MSTR (and the other mining companies too) is tanking. Maybe investors are switching from a mining proxy to the new ETF...

Too early to tell. I'll say wait a week or so

 

[maxinger]

yesterday volume traded was 25million, 2nd largest ETF volume.
a very impressive number.

and after many years (exaggerated), Micro BTC futures volume only 25k !?
It will die of natural death.

I haven't traded shares / ETF for decades.
now my shares / etf trading skill is very rusty.
Time to start trading BITO.

 

[noblehawk]

BTC is arising again! Should I sell some for the profit? Based on the past experience, the best selling timing is while the price arising.

 

[KCalhoun]

daytraded BITO starting 42.4 today... YEAH!

#flawlessvictory

 

[Overnight]

and after many years (exaggerated), Micro BTC futures volume only 25k !?
It will die of natural death...

Live Cattle traded only 13K today, and has been around for a lot longer than MBT. It has not died "of natural death"?