3 ms·
> How would a bitcoin ETF be riskier than stuff which already exists like UVXY, which has lost 99.9999% of it value since inception UVXY is one of those things
by ac29 4y ago
> How would a bitcoin ETF be riskier than stuff which already exists like UVXY, which has lost 99.9999% of it value since inception
UVXY is one of those things only meant to be held a short time (1 trading day or less). Historical pricing isnt really meaningful (its shown as being priced over $1B per share at inception on several sites, which is wrong).