Are Gold ETFs a Blueprint For Bitcoin ETFs?

The introduction of bitcoin ETFs is important to advance the Bitcoin ecosystem. Financial experts often point to gold, whose ecosystem exploded after capital made its way into the industry. Bitcoin has aspirations to become a similar store of value, a digital gold so to speak. But the precious metal has had a head start on its digital counterpart. It has been traded for several centuries … Continue reading Are Gold ETFs a Blueprint For Bitcoin ETFs?

The Three Things That Bitcoin Price Might Be Correlated To

Over the last six months, I’ve been writing a daily post about the price of bitcoin. The cryptocurrency’s wild price swings have an operatic intensity and they skyrocket and crash in dramatic fashion. Here’s a chart showing its price rise in the last one year. Volatility is always an opportunity to make money through arbitrage and price prediction. In bitcoin’s case, however, that is difficult. … Continue reading The Three Things That Bitcoin Price Might Be Correlated To