Bitcoin Cash Review – the very best cryptocurrency for an easy transaction

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Contents

Bitcoin Cash Review – the very best cryptocurrency for an easy transaction

Cash App is already the easiest way to send and receive money with friends and family. We’ve made it just as easy to buy and sell BTC straight from your Cash App balance. Unlike other apps, most of our buys and sells happen in seconds. You can even spend your proceeds from a free Visa debit card.

Bitcoin’s price is volatile and unpredictable, so please make wise financial decisions. Don’t spend more than you can afford, and review the FAQ and risks to buying Bitcoin before you buy.

How to Cash Out Bitcoin Instantly – Tips to Get The Job Done

Have you been thinking about how to cash out Bitcoin and what are the best ways to do so?

That’s exactly what you will find in this article:

  • First off, you will learn when is the right time for cashing out BTC
  • Which are the fastest ways to withdraw your Bitcoin
  • And finally, explore other options for cashing out

At the end of the day, t he big decision is often accompanied by many questions and doubts.

Therefore, after reading this post, you will be able to make an informed decision on how to cash out BTC.

Checklist for Cashing out BTC

In case you are ready and the last thing you need is more bla-bla from our side – here’s the checklist on the best ways to cash out your Bitcoins:

Thank you!

Your guide is on it’s way!

Topics we’ll cover

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Benefits of cashing out Bitcoin

Deciding if this is the right time to cash out Bitcoin is not an easy decision to make. Some see it as the ultimatum of their crypto journey, the end game.

Others see it as a way to “lock” their profits and free their minds from price speculation.

Whatever your reason for selling may be, there are several benefits that come with it.

  • After withdrawing your Bitcoin, the FIAT value of your capital will remain the same, whether Bitcoin increases or decreases in value.
  • You will spend less time checking the surges and plunges of the charts, saving time and reducing your stress levels.
  • You will be able to use your capital in any way you like.

For more information feel free to watch this video:

When is the right time to cash out Bitcoin?

Experienced cryptocurrency traders will tell you that the best time to sell is during the peak of a bull market, a term that here means a long term value uptrend for Bitcoin.

But obviously that is not easy!

The latest peak of the bull market cycle was reached on the 17th of December 2020, with Bitcoin’s value topping at $19,783.06 per coin.

Imagine how it would feel to cash out BTC at these price levels.

Of course, if you missed the opportunity to sell during this time, you can also convert Bitcoin to cash once a target profit is achieved by trying to benefit from price fluctuations.

This practice is often used when Bitcoin’s price is in a downtrend, also known as bear market.

So, whether you invest in Bitcoin as a trader or a long term investor, the right time to turn your Bitcoin into cash is very hard to predict and one needs a really good gut feel before making an informed decision.

Fastest ways to cash out Bitcoins

Once you have made up your mind – selling fast might be really important.

When looking at all the possible ways to cash out Bitcoin, it is always useful to know which methods and websites are the quickest and most reliable.

So, start by looking at the Trustpilot reviews.

Check the platform’s reviews and if they are good enough – in most cases you have nothing to worry about. The site you choose will most probably do a good job of selling your BTC.

In the case of Paybis reviews, they are near perfect.

To start, you need to select where you want to cash out your Bitcoins. Here are three options to choose from:

  • Digital wallets (e-money services)
  • Bank cards
  • And Bitcoin ATMs

Cash out Bitcoin in 5 minutes (to digital wallets)

The fastest way to withdraw Bitcoin is by exchanging it for online digital money such as:

  1. Payeer – Sell your Bitcoin for Payeer
    • The great thing about Payeer is that it doesn’t require verification for up to $10 000 per year.
  2. Advanced cash – Sell your Bitcoin for Advanced Cash
    • Similar to Payeer, AdvCash doesn’t require ID verification for up to $10 000 per year.
  3. Skrill – Sell your Bitcoin for Skrill
  4. Neteller – Sell your Bitcoin for Neteller

The transaction process from beginning to completion takes approximately 5 minutes.

So, it’s rocket fast.

But, if you are looking for the fastest way to go from Bitcoin to FIAT – the following option is what you need!

Cash out Bitcoin to Credit Card or Debit Card (BTC to FIAT)

To some people, this is a no-brainer.

For obvious reasons, you will want to cash out BTC directly to your Credit or Debit Card.

It’s simple – you will be able to spend your money as soon as it lands in your card.

Unfortunately, there aren’t that many exchanges that offer this option.

Luckily enough – Paybis offers this feature. You can Sell Bitcoin instantly to your credit card or debit card.

Now you can exchange Bitcoin to Euros, Dollars, Pounds, or basically any other currency thanks to the direct card withdrawals.

So, to get started, here are the steps to follow for cashing out Bitcoin directly in your Credit Card or Debit Card:

STEP 1: Start the Transaction

To proceed with cashing out Bitcoin, on the left side select Bitcoin (1) and on the right side click Credit/Debit Card (2). Once you enter the amount of Bitcoin you want to sell (3) – press START TRANSACTION(4).

Note: While Paybis supports more than 180 countries, this particular payment method is limited to banks of certain countries. To check if your bank card qualifies for this transaction, here’s the list of restricted countries.

STEP 2: Verify Your Identity

Next, you will need to verify your identity. That’s important for two reasons:

  1. This information is important to check if you are the owner of your bank card.
  2. And verification of your identity is important because it helps Paybis ensure that you are compliant with EU KYC/AML regulations.

Here are the sections where you will need to upload your documents:

STEP 3: Verify the ownership of your bank card

Now, you will need to verify that you are the owner of your credit card or debit card.

Simply enter your debit card or credit card details and Paybis will do the rest:

Usually, it takes less than a minute and you will be ready to proceed with the transaction:

STEP 4: Send Bitcoin to Paybis’s BTC address

Last but not least, you will need to actually cash out your Bitcoins and send them to Paybis BTC address.

Once Paybis receives your Bitcoins, the funds will be sent to your credit card or debit card.

STEP 5: Money will be sent to your Account

At this point, Paybis will send money directly to your bank account.

And you are done – you just sold your Bitcoins.

To receive your money it can take anywhere from 1 to 5 working days.

Note: The value of the cash you are supposed to receive is locked from the moment you start your order.

If you are ready to start the transaction, head over to Paybis and follow the steps shown above.

Withdrawing Bitcoin from an ATM

You can also cash out Bitcoin using cryptocurrency ATM machines.

You will need to find an ATM in your local area and visit the actual location.

Next, follow the instructions shown on the device. Within a couple of minutes, you will have the money in your pocket.

It’s really that simple!

So, here’s where you can find the Bitcoin ATMs in your city – CoinATMradar.

While there, you can also take a look at the fees and limits for buying and selling your cryptocurrency.

So, now you know the fastest ways to go from Bitcoin to USD, EUR, or any other currency.

Moving on, we’ll show the process for cashing out Bitcoin directly to your bank account.

Cash out Bitcoin Directly to Your Bank Account

Depending on the bank and the currency, bank transfers take a little longer to complete.

Nonetheless, in some locations, a wire bank transfer might be your only option.

So, it may be useful to know that the value of the Bitcoin you exchange is “locked” from the moment you start a transaction.

Withdraw Bitcoin Through Peer-to-Peer Exchange

There is also an option to trade Bitcoin directly to someone who’s interested in buying it.

All of this happens online and takes a little longer than other transactions.

To do this, you will need a peer-to-peer Bitcoin exchange, which will act as the intermediate (escrow) between you and the buyer.

And because you are dealing with individuals directly, you will also be able to acquire your funds through many different methods, ranging from digital wallets, all the way to cash exchanges.

In case this is something you are looking for, these are the most popular peer-to-peer exchanges – LocalBitcoins, BitBargain, and Bitsquare.

So, that’s all on how to cash out Bitcoin.

The next important topic we need to cover is taxes.

That’s the (not so) fun thing about actually selling your BTC.

Taxes to pay after cashing out BTC

When the tax season comes around and you have decided to cash out your Bitcoin, you will most likely have to pay taxes on your profits.

Therefore, it is important to get a clear understanding of your legal obligations before you decide to sell.

But doing so is not always easy.

Since cryptocurrencies are still relatively “new” and seen as either an asset class or digital currency, depending on the country you are in, paying taxes can quickly become a vague and complicated process.

For example, if you live in the United States, you are taxed every time you exchange, divest or sell cryptocurrency. As far as the IRS is concerned, every time your Bitcoin exchanges hands, it is a taxable event.

On the other hand, if you reside in Latvia and decide to exchange your Bitcoin, you will have to pay 20% taxes from your capital gains.

There are also countries that take a more relaxed stance towards cryptocurrencies. In Germany, Bitcoin profits are completely tax-exempt after a holding period of at least one year.

If you decide to sell your Bitcoin, it is best to consult an accountant in your country/state. This will help you get a better understanding of your country’s tax laws and prepare accordingly.

Wrapping up

Before heading over to cash out your BTC, we understand that some of you may be left with unanswered questions.

So, we gathered all the frequently asked questions about converting Bitcoin to cash and here are the answers:

1. When I cash out my Bitcoin, do I receive FIAT instantly?

When you exchange your Bitcoin for online currencies supported by digital wallets, such as Advanced Cash, Payeer, Skrill and Neteller, you will get your funds in around 5 minutes.

If, on the other hand, you choose to withdraw BTC using a WIRE or SEPA bank transfer, you will have to wait at least 1 working day before you receive the money.

2. Can I cash out Bitcoin in my location?

Paybis accepts customers from all countries except the ones specified here.

3. Are there any fees when exchanging Bitcoin?

When you cash out Bitcoin for any other currency, there are 3 types of fees:

  • Bitcoin network fees (a fee that is rewarded to miners to confirm the transaction on the blockchain)
  • Paybis fee (our fee that is taken for providing the service)
  • A fee that Paybis pays for sending funds to you (usually charged by digital wallets such as Skrill, Perfect Money, and similar.

4. How easy is it to cash out Bitcoin?

Bitcoin withdrawals are very fast:

  • Bank transfers take from 1 to 5 days to complete
  • Credit or debit card withdrawals can take anywhere from 1 to 5 days as well

You can practically transfer the value of your Bitcoin into any possible payout method, thanks to the current state of the exchange market.

It is best to choose an platform that has the ability to offer many different payout options when it comes to the type of currency you receive.

For that reason, we recommend using Paybis, as you can transfer your funds to your card, bank or a wide variety of digital wallets.

5. Where can I cash out Bitcoin online?

The best way to cash out Bitcoin online is by using a cryptocurrency exchange. We recommend using Paybis as you can choose many different payout methods.

6. Is it possible to cash out Bitcoin in Nigeria?

The best way to sell cryptocurrency (including Bitcoin) if you are a resident of Nigeria is by using Paybis, a platform that supports more than 180 countries and allows for fast and reliable transactions.

7. What’s the best way to cash out Bitcoin in Canada?

The best way to withdraw Bitcoin if you are a resident of Canada is by using Paybis. The platform supports CAD currency for all transactions that involve selling you Bitcoin. You can buy or sell your cryptos in just a few clicks in a very simple way.

8. How to cash out Bitcoin in India?

That’s all from us – we hope this guide was helpful.

And just in case you have any more questions – feel free to message us.

Bitcoin and Cryptocurrency ETFs: Everything You Need to Know

In This Article

For those familiar with cryptocurrency trading, the process of buying and selling digital assets comes naturally. Unfortunately, this is not the case for many others — especially those that do not have the necessary knowledge and/or experience to deal with the security Once you have the freedom of being the sole owner of your money, it’s now your responsibility to ensure the. More issues related to owning cryptocurrency.

Beginners would find existing cryptocurrency ETFs (exchange-traded funds) very appealing, although the heavily unregulated space these funds are operating from offer close to nothing in term of security for the investor that is just starting out. Additionally, they are not real cryptocurrency ETFs as most of them are operating out of their own volition, without support from financial institutions — but both a cryptocurrency ETF and Bitcoin BUY NOW ETF are on the horizon.

In this article, you will be able to learn more about these financial instruments and decide whether or not they are a good choice for you.

  • What is a Bitcoin ETF?
    • How does a bitcoin ETF work?
  • Crypto index fund investment opportunities
    • Wholesale investors
      • Coinbase
      • CoinJar
      • Grayscale Investments
    • Retail investors
      • XBT Provider
      • Huobi
      • OKEx
  • Investing in ETFs vs buying cryptocurrencies
    • Pros
    • Cons
  • Short history of Bitcoin ETFs
  • Leadership thoughts on ETFs
  • Conclusion

What is a Bitcoin ETF?

Exchange traded funds (ETFs) are a type of index fund which provides a way for investors to participate in a portfolio of stocks — or, in this case, cryptocurrencies (or bitcoin specifically) — without actually going through the process of acquiring and securing these assets. Instead, they collaborate with financial entities that hold these assets for them and enable them to buy and sell as they please in exchange for a brokerage fee.

ETFs enable investors to speculate on the price movements and trade the underlying asset with delegated risks, as the entity that is providing investors with the ETF is responsible for maintaining the security of the assets — effectively alleviating the investor from this responsibility.

They can be based either on physical ownership or a futures Futures contracts are literally agreements to buy or sell an asset on a future date and for a fixed price. More contract, which is an agreement between two financial institutions that the assets will be bought at a future price, instead of the current one.

How does a Bitcoin ETF work?

The best way to understand the way that ETFs work is to compare it to company stocks.

ETFs are created based on the asset which the financial organization owns, and it tracks the performance of that particular asset (or asset group).

The price movement of the assets is reflected in the price of each ETF stock, making either profit or losses for investors.

Crypto Index Fund Investment Opportunities

Many of these bitcoin ETF-like options are only available to wholesale institutional investors, but there are some that are available for individual retail investors. We will cover both in this section — but, before we continue, we need to make a disclaimer.

None of these funds are true exchange-traded funds. They are either exchange-traded notes, futures, or index funds. The U.S. Securities and Exchange Commission (SEC) has not given approval to any organization to provide investors with cryptocurrency securities.

In fact, the SEC is widely recognized by the fact that it has shot down numerous attempts to legalize bitcoin ETFs (and open them up to the New York Stock Exchange) under the statement that none of the applicants have demonstrated the necessary requirements for properly protecting investors and the public.

Still, investing in a basket of digital currency assets is not impossible, although the choices are indeed limited.

Wholesale Investors

Coinbase

The Coinbase Index Fund is open exclusively to accredited U.S. investors. The fund started their operations in March 2020. Since then, it has provided accredited investors the opportunity to expose themselves to all of the assets listed on the exchange for a minimum investment of $250,000.

CoinJar

This Australian cryptocurrency exchange launched the CoinJar Digital Currency Fund, which is an index fund, with two options: The Bitcoin Class, which provides investors easy entry into the bitcoin market, and the Mixed Class, which opens up a variety of the top performing cryptocurrencies — like Bitcoin (BTC), Ethereum BUY NOW (ETH), Ripple ( XRP BUY NOW ), and Litecoin BUY NOW (LTC).

The minimum investment in this index fund is $50,000 and it’s available only for institutional investors.

Grayscale Investments

This investment company also serves accredited U.S. investors through their Bitcoin Investment Trust, and it owns the bitcoin directly. The company also owns different funds aimed at Ethereum and Bitcoin Cash BUY NOW (BCH).

Through their funds, Grayscale enables investors to trade crypto-backed shares in exchange for an annual maintenance fee.

Retail Investors

XBT Provider

This Swedish exchange trades ETNs (exchange-traded notes) on Nasdaq Stockholm. It began operations in 2020 and offers four investment classes to choose from.

In order to invest in these stocks, you need to have contact with a broker that is connected to the Nasdaq exchange in Stockholm.

Huobi

Cryptocurrency and Bitcoin exchange Huobi released the first ever cryptocurrency ETF for retail investors, with a minimum entry of just $100. It enables investors to purchase stock from the company’s HB10 index fund, which is traded exclusively on their Huobi Pro exchange.

Although they are calling it an ETF, it cannot be held by traditional brokerage accounts and is not traded on a regulated securities exchange — a fact that disillusions potential investors.

Shortly after Huobi announced its ETF, OKEx took almost immediate action and announced its OK06ETT index fund one month later. It features extremely similar conditions with a minimal entry of $100 and the fund contains Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), EOS BUY NOW (EOS), and Global Utility Token ( OKB BUY NOW ).

Investing in ETFs vs Buying Cryptocurrencies

Any form of investment inherently bears significant risks, and there are benefits and risks associated with investing regardless of the way you look at it.

In this section, we will review what are the reasons you both should and shouldn’t invest in cryptocurrencies through the use of ETFs. By the end of this section, you should have a clear perspective on what to do with your decision to invest in cryptocurrencies.

Investing in cryptocurrencies through ETFs is simple and effective. You don’t need to learn about the process of acquiring and safely storing cryptocurrencies, just like you don’t need to buy-out a vault to store “index” gold. The investment company takes care of all logistical issues.

Creating a diversified portfolio is easier. Doing it yourself would require you to create multiple wallets and exchange accounts, increasing the level of complexity and likely at a great cost of time. ETFs enable you to invest in a portfolio of cryptocurrencies in a simple and effective way.

There is no risk of being hacked. Both exchanges and your personal wallets are a target for hackers. The risk is the same for the fund but, when investing in the ETF, it is not your responsibility to protect the actual cryptocurrency.

Finally, fees are low. Traditionally-managed funds often charge investors premium fees, making it difficult to actually make a profit on your investments, even when things are going well — and some might claim things haven’t been going well in recent years.

ETFs are limited in choice. At the moment, there are no significantly diverse baskets that ETFs support. The overwhelmingly negative SEC stance prevents any form of retail investment opportunities — but this may soon change.

Cryptocurrencies are volatile. Widely recognized as one of the most unstable assets out there, cryptocurrencies have been disregarded by well-known investors (such as Warren Buffet) as a dangerous asset class. The reasoning behind that statement comes from the fact that the value of your ETF funds can rapidly move up or down, and it’s difficult to guarantee a regular return on investment.

Traditional ETFs often include a wide range of assets and securities to prevent the sudden loss of value for the fund. This approach is not available for crypto ETFs, mainly due to the fact that the SEC is not willing to approve any crypto ETF to the traditional market. This prevents investment companies from creating a diverse form of ETF that contains both traditional stocks and bitcoin. (Or any other cryptocurrency.)

The ETF provider needs to secure the cryptocurrency. Hacking can still influence your investment, even if you don’t own the assets. In the case of your ETF provider being hacked, there is no insurance in place to protect your investment.

Of course, fees also apply. Although smaller than traditional exchange funds, annual maintenance fees and brokerage fees are applied any time you buy and sell an ETF.

Finally, if you are buying ETFs from a provider located in another country, you might be held responsible to pay your country’s foreign income tax.

A Short History of Bitcoin ETFs

The SEC has gotten a strong reputation for denying exchange-traded funds for cryptocurrency and bitcoin. The reasons are staggeringly similar. The regulator claims the market is immature and such a financial instrument would cause significant risks for investors.

So far, there have been a total of 15 different proposals for starting up a legitimate ETF, whether they be asset-backed or a derivative-based arrangement. The SEC rejected most of them, but two remain on the table. For both of these, the community has been optimistic regarding their approval, mainly because the SEC has given public claims that their concerns have been answered, specifically for the case of the VanEck/SolidX ETF Bitcoin ETF application.

  1. Winklevoss Twins, Bats BZX Exchange, Inc. – 2020
  2. VanEck Vectors Bitcoin Strategy ETF – August 2020
  3. VanEck Vectors Bitcoin Strategy ETF – December 2020
  4. Winklevoss Twins, Bats BZX Exchange, Inc. – July 2020
  5. Bitwise ETF – July 2020
  6. ProShares – August 2020
  7. Direxion – August 2020
  8. Granite Shares – August 2020
  9. VanEck-SolidX-CBOE ETF – August 2020 (pending)
  10. Coinbase-BlackRock ETF – September 2020

The SEC’s Stance on Cryptocurrency ETFs

The Securities and Exchange Commission is an organization that has been created to prevent the abuse of investors, and it is their responsibility to take care of all participants on the securities market. Securities are investment products whose performance depends on a third party.

ETFs can be influenced by the performance on the managing fund, and therefore falls under this category. Many of the proposals sent forth to the SEC by companies that want to become a registered fund are denied because of several reasons.

What we know so far is that the SEC believes that the cryptocurrency market is not mature enough to provide open doors for anybody to invest. However, it might make an exception for funds that operate on a higher financial level, as the risks for well-established investors and investment companies are mitigated through their experience and financial capabilities.

The latest pending VanEck / SolidX bitcoin application includes these two companies that have tried to get approval independently, and have been rejected. Now, they are trying to win the approval together — and things might be different. The SEC has delayed its decision and has the ability to do so until February 2020. (The decision may come earlier, but it is unlikely.)

The SEC, in its protective role, wants to avoid making a mistake that would be difficult to rectify retroactively, which is why it is declining most of the proposals sent its way. So far, at least according to VanEck/SolidX leadership, all previous concerns from the SEC have been answered.

The market has evolved, there are community-based funds, and there are regulated futures markets for cryptocurrency. These regulated support structures could potentially help establish the ETF as the primary way that individuals (eventually) get in the cryptocurrency market. This will provide a level of security and reliability that the cryptocurrency space has been lacking, in terms of legal protection.

Leadership’s Thoughts on ETFs

We reached out to Mati Greenspan, an expert market analyst from eToro — a well-known social trading platform offering ETFs ranging from gold and silver to cryptocurrencies — to pick his brain on what financial leaders think about cryptocurrency ETFs. He told BeInCrypto :

“Everybody is waiting on the SEC’s decision regarding the VanEck and SolidX ETF. They are pulling most of the attention. If the decision goes through, both wholesale and retail investors will have an extremely safe and reliable way to invest in cryptoassets.

Crypto ETFs right now are mostly tailored for the professional investors. Institutions have more resources and knowledge, so they are able to perform their own due-diligence.

In the example of VanEck, there are higher barriers for entry, and a minimal contract is worth 25 BTC. It’s a clear sign that the ETF is designed with institutional investors in mind. The entire landscape is looking forward for its approval, as it will enable these institutions to create diversified funds that also include cryptoassets alongside other assets.

The VanEck ETF also comes with 100 percent insurance, as the entire ETF is asset-backed 1-to-1 with Bitcoin. The SEC acceptance, in this case, will open up new opportunities for asset managers around the world to include cryptoassets in a safe way.

[bctt tweet=”ETFs are a multi-trillion dollar market, and at the moment none of that is participating with cryptoassets. @MatiGreenspan” username=”beincrypto”]

If the decision goes through, cryptoassets will be able to enjoy the benefits of this massive market, and this is why the industry is excited about this proposal.”

You can follow Mati Greenspan on Twitter, where he actively shares his thoughts with the general public.

What is the Future for Cryptocurrency ETFs?

Last years cryptocurrency bull run — or bubble — ended up costing a lot of unaware investors, particularly those that bought in when the Bitcoin price reached upwards of $20,000. They did not realize how quickly things can change. Buying cryptocurrency at a premium of that magnitude is a risk. The SEC is obligated to protect investors, so it is not likely to allow cryptocurrency or bitcoin ETFs to be available to individual investors.

Instead, companies themselves are trying to get a foot in the door by creating high barriers of entry — such as a minimal entry fee of $200.000 — instantly disqualifying unaccredited investors.

The SEC is paying an increasing amount of attention to the blockchain technology and cryptocurrency industries to develop an informed opinion on what to do next. It has until Feb 2020 to make a decision regarding the latest VanEck/SolidX proposal.

Most likely, the SEC is going to make a decision after this year ends. It has a significant interest in observing what happens during the end of Q4 and the start of Q1 2020. This will allow the regulator to better consider the practicality of allowing the trillion-dollar securities market to dip into cryptocurrency-based exchange funds.

Conclusion

The cryptocurrency ETF markets are not yet mature enough to provide a compelling and safe experience for individual investors. Institutional, accredited investors have a lot more options for investing in cryptocurrency ETFs, mainly because of their ability to perform due diligence.

In other words, institutional investors know what they are doing and do not need the protection from the SEC to participate in broader, unregulated parts of the market. This makes exchanges exempt from many of the rules that the SEC places over companies that deal with retail investors.

Participating in either Huobi’s or OKEx’s index funds would mean an easy entry to the markets — but, as they are unregulated, they cannot be easily trusted. Price manipulation and fraud are common games in the market world, which is why the authorities look like brick walls and display a limited willingness to budge and provide approval.

With the decision to potentially allow the bitcoin-based VanEck ETF coming up soon, the profit potential for this market may increase — should the SEC decide to grant the first U.S. regulated license to operate an exchange-traded fund after two years of denial.

What do you think about Bitcoin and cryptocurrency ETFs? Are they just what this market needs to pull it out of its bearish doldrums, or will more institutional exposure only hamper parabolic gains in the future? Will a Bitcoin ETF have the same impact as Bitcoin futures contracts? Let us know your thoughts in the comments below!

Disclaimer: This article is not investment advice and is for educational purposes only. BeInCrypto is not responsible for any financial gains or losses made by any readers. Always do your own research and consult with a trained financial professional before investing.

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