Are Bitcoin Futures ETFs Safe?

Learn to buy anonymous Bitcoin:
https://www.bitcoinuniversity.com/cou...

In this video, I discuss the many problems with Bitcoin mutual funds and Bitcoin ETFs that are backed by Bitcoin futures.

Since the Bitcoin futures curve is almost always in a state of contango, holding Bitcoin futures will almost always lead to underperformance, due to the negative carry.

I think it's much safer to avoid any tracking error or counter-party risk by holding BTC itself on a hardware wallet like the ColdCard or Blockstream Jade.

Not investment advice! Consult a financial advisor.

BTCFX:
https://www.profunds.com/mutual-funds...
https://www.profunds.com/siteassets/p...

CME BTC futures settlement prices:
https://www.cmegroup.com/markets/cryp...

The Most Dangerous ETFs (Leveraged ETFs, Oil ETFs, and more):
   • The Most Dangerous ETFs (Leveraged ET...  

SEC Approves First Leveraged Bitcoin Futures ETF:
https://decrypt.co/145996/sec-approve...

My BlackRock and Bitcoin video playlist:
   • Bitcoin and BlackRock  

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#ETF
#Futures

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