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Is there something like a crypto etf for all these high grow coin that's more passive?
by icpmacdo 9y ago
Is there something like a crypto etf for all these high grow coin that's more passive?
- NicoJuicy 9y agoThere's an index some where in the stock market for the top 5 or top 10
- schoen 9y agoThere was an attempt to create a Bitcoin ETF that was rejected by the SEC: https://www.nytimes.com/2017/03/10/business/dealbook/winkelvoss-brothers-bid-to-create-a-bitcoin-etf-is-rejected.html https://www.nytimes.com/2017/03/10/business/dealbook/winkelv... I don't know whether the SEC's reasons for rejecting it would apply to other proposed cryptocurrency ETFs or not.
- eigenvalue 9y agoYes, and it is itself a crypto coin: https://www.iconomi.net/ https://www.iconomi.net/
- insulanian 9y agoThey're still "comming".
- hectorr 9y agoNot really. It's still too hard to do from both a regulatory and technical standpoint. There is enough liquidity and infrastructure around BTC to be feasible, but the regulators squashed that idea. Also ETFs are great, but they are not a panacea for every asset class. Sometimes there are fundamental reasons why they don't work, but the idea is so buzzy that you can make a buck off selling garbage and calling it an ETF. Reminds me of something...