Excuse me, I'm curious about the pricing mechanism of a
Bitcoin futures ETF. Could you elaborate on the typical cost involved in investing in such a financial instrument? I understand that the price is determined by various factors such as market demand, supply, and underlying bitcoin futures prices. However, I'm specifically interested in the initial investment amount and any ongoing management or transaction fees that might be associated with owning a bitcoin futures ETF. I'd appreciate any insights you could provide on the cost structure and potential costs I should be aware of before making an investment decision.
7 answers
Silvia
Mon Jul 08 2024
In contrast, the SEC approved the first bitcoin futures ETF more than two years ago, demonstrating a willingness to embrace the crypto market to a certain extent.
Raffaele
Mon Jul 08 2024
Grayscale trusts currently impose fees ranging from 2% to 3%, which are significantly higher than the proposed 0.20% rate for Bitwise's spot bitcoin ETF.
Lucia
Mon Jul 08 2024
Futures-based ETFs have become a popular choice for investors who want to gain exposure to the cryptocurrency market without directly owning the underlying asset.
NebulaPulse
Mon Jul 08 2024
The discrepancy in pricing highlights the varying approaches and costs associated with different cryptocurrency investment vehicles.
CryptoProphet
Mon Jul 08 2024
However, the futures market can sometimes drag on the performance of these ETFs due to factors such as rollover costs and tracking error.