Why the upcoming Bitcoin futures ETF may not be good news for retail investors

Why the upcoming Bitcoin futures ETF may not be good news for retail investors

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While this represents a watershed moment, if true, there are downsides to consider.

Samuel Wan · October 17, 2021 at 6:00 pm UTC · 2 min read

Why the upcoming Bitcoin futures ETF may not be good news for retail investors

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The time has finally come — the United States Securities and Exchange Commission (SEC) has finally approved the first Bitcoin ETF — albeit for futures and not a spot traded fund.

Some say this is good news, especially from a mainstream acceptance perspective.

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