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Dears,
I’ve learn a bit about BTC ETFs, however I’m nonetheless fairly misplaced in understanding this topic. I want to know of somebody might give me extra details about this. For example, let’s take the next checklist of BTC ETFs.
- ISHARES BITCOIN TRUST (IBIT);
- FIDELITY WISE ORIGIN BITCOIN (FBTC);
- Hashdex Bitcoin Futures ETF (DEFI);
- BITWISE BITCOIN ETF (BITB);
- ARK 21SHARES BITCOIN (ARKB).
I have been analyzing the behaviour of the costs of those ETFs, and in contrast with the BTC value. And I observed that the BTC improve and/or lower not essentially implies in improve and/or lower of a given ETF. Which, for me, is kind of unusual, since, AFAIK, the goal of an ETF for BTC is to cut back the danger of these taken with taking BTC as an investiment, moderately than a hedge. Subsequently, AFAI see, the ETF value ought to improve because the BTC value will increase (though not essentially by the identical price), and reduce likewise.
I want to know whether or not my reasoning is appropriate, and why.
Thanks and regards.
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