BLOK

PuzzleheadedBell4057

Well I own Bitcoin. All this is telling me is I should own some BLOK also.

Salt-Exchange6413

I DCA with IBIT and lots of investments through ETFs like BLOK, BKCH, DAPP, and NODE

mario8448

Buy the COIN11 AND BLOK11 ETF and HOLD

Jenn2895

Mass adoption has already started. But I completely understand your concern. Bitcoin, Ethereum & Chainlink are the only projects I personally feel comfortable holding long term. I think you will be ok. But if you’re really stressing maybe move a portion to a hysa. Or an ETF like VOO, SCHD, BLOK, QQQ…. Whatever you do I hope it’s life changing for you!

mhoepfin

I do 10% of liquid net worth in $IBIT and then occasionally also take a position in $BLOK when crypto is feeling bullish. I’ve also traded options in $IBIT.

Calibased

You didn’t list kucoin so this is all invalid unfortunately. Buy $FLOKI $VRA $ALGO $BLOK

fukidiots

BTC is safer and you don't have to time anything. I wouldn't own BITO past August personally. But I got out of BITO a year ago and opted for other options. Had BLOK for a while. But lately I've been throwing risky money into IBIT options. But hey, I'm a risk taker.

Calibased

Nope buy $FLOKI $VRA $ALGO $BLOK now or fomo later.

yazan154a

PAXFUL SCAM COMPANY Don't using this company.. FROM 10 days trying to contact support teams but no answer. My issue is not a big issue just need verfiy phone number ( PAXFUL said need a mints to do this ) from 10 days no one back to me... Paxful trying to buy my account  but not accepted... PAXFUL CREATED A FAKE BUYER ACCOUNT TO STEEL MONEY.. ANYONE'S SENDING MONEY AND NOT RECEIVING ANYTHING MESSAGES ME TO SENDING IT TO MY LAWYER.. TRYING to HACKING my account.. AFTER THAT REPLY AND TELL ME ( HAVING SIMILAR PROBLEM) SO PAXFUL NO ABOUT HACKER'S OR PAXFUL A HACKER'S... PAXFUL DOWN BLOK MY ACCOUNT IF NOT A SCAM COMPANY PROVING THAT BY REPLY... IF NOT A SCAM.. I HAVING A PROVING THAT A PAXFUL A SCAM... ANYONE'S HAVING BALANCE IN PAXFUL SENDING OUT TO ANOTHER PLATFORM..( IF YOU CAN) HAVING A PROVE... IF PAXFUL NOT A SCAM REPLY DON'T BLOCK MY ACCOUNT...

Dazzling_Marzipan474

Kaspa, BLOK, Cone.

Dark-Chocolate-2000

I just looked up the fidelity one and it looks like I can buy it, along with BLOK. It doesn't appear to be blocked

Dazzling_Marzipan474

KAS, TIA and if you wanna gamble BLOK and SDEX. Nfa

Dazzling_Marzipan474

KAS if you're looking for one you might not have heard of. The others I'm in are are well known big caps except BLOK, but I'm holding that mostly because it's all profit, I think the project is great and all but I think the meta verse itself is kinda dead. The rest is your typical large caps like ada, dot, atom, BTC, eth, and a tiny bit of cro. I'm also looking for more stuff daily but it's very hard to find, especially something that hasn't pumped already.

Dazzling_Marzipan474

Bitcone (CONE) Bloktopia (BLOK) Smardex (SDEX) I'm always hunting for more.

PurpleBuckwheat

$SOS, $TOWER, $LAMBO, $LUNC, $BLOK. And there was some coin about planting the trees or something like that I bought on PooCoin? Maybe it was $SAVE? And also I think I still got some $BTT on BitFinex. But then I also got a few of those that I bought high and are underwater, lol.

ah__there_is_another

I have a separate portfolio in my tracker called 'bogged', and it contains these: * BLOK * GRT * BUNNY * LUNC * WAGMI * ONEDAO

Dazzling_Marzipan474

I'm still holding my BLOK that I got for free after I bought some early and made a good amount on. I sold 80% around the top and kept the rest. Every day it goes down more and more. Ya I think the metaverse isn't going anywhere. It's really just a game, and a shitty one at that.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

coinfeeds-bot

tldr; Despite the high year-to-date returns of crypto-related ETFs, many investors are hesitant to invest in these products. For example, the Valkyrie Bitcoin Miners ETF (WGMI) has returned 196% this year and ranks fifth among all ETFs, but its assets under management remain relatively low at $21 million. Similarly, the Invesco Alerian Galaxy Crypto Economy ETF (SATO) has only attracted about $5 million in assets since its launch in October 2021, despite a year-to-date return of 151%. The largest crypto equity ETF, the Amplify Transformational Data Sharing ETF (BLOK), has also experienced net outflows of about $85 million in 2022 and has lost another $26 million in assets in 2023, despite a year-to-date return of 51%. Investors are wary of regulation and depressed cryptocurrency prices. However, if the funds continue to rally and cryptocurrency prices reach new highs, the narrative could shift and money could start pouring into these ETFs. Hopes for spot bitcoin ETFs have also affected investor interest in crypto-focused ETFs. Many investors are waiting for pure exposure to bitcoin through spot ETFs rather than investing in related ETFs. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

Dazzling_Marzipan474

BLOK, got in very cheap sold most. Still have a decent amount and it's free

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

Dazzling_Marzipan474

KAS, BLOK to mention ones not in the comments already

Dazzling_Marzipan474

BLOK. But obviously I'm biased. I made a 40x on it when I stumbled across it early. Only invest like $20 tho. Still I take it. But now I bought back all the way down so I'm barely up 😂

Dazzling_Marzipan474

ADA, the growing TVL is solid. I also have LINK, DOT, ATOM, MATIC, CRO, and a moonshot BLOK. Don't judge me on BLOK lol. I will do some research and gamble 5% on low caps $50M-$150M.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

Dazzling_Marzipan474

Best trade stumbled upon BLOK and got in at about $.005, spot the top somehow at $0.16, only had a few hundred in it but damn that was nice. My best ever was actually selling $2.60 of free Robinhood stock and buying doge with it and totally forgetting I did and getting in at $0.001764 and selling at $0.29. My advice of something goes parabolic, it won't last. Sell a little bit.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

Jenn2895

I'm already invested in BLOK which is an etf for blockchain. Lol. Low/No risk to balance out some of my degen plays. 😂

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

Jenn2895

There's def ppl that will feel more comfortable getting into btc through an etf than buying directly. I personally hold BLOK which is an ETF for blockchain. I'm happy w/ how that's been going. But I actually do believe in the tech, unlike 1/2 you degens 😂

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

StygianFuhrer

Stocks/investments like MSTR, COIN, etc? How would that be any different from existing ETFs? CRYP, BLOK, BITQ etc

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

CointestMod

#ETF Con-Arguments Below is a ETF con-argument written by Maleficent_Plankton. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find submissions for other topics.

coinfeeds-bot

tldr; The managers of Amplify Investments’ Transformational Data Sharing ETF (BLOK) have increased their positions in bitcoin miners after the fund's allocation to such companies hit an all-time low at the end of 2022. BLOK now has roughly 21% of its assets in mining companies, with Riot Platforms as its top holding in the mining space. The fund's allocation to miners peaked at roughly 30% in October 2021. BLOK has also added to its position in Canada-based Hive Blockchain Technologies and Nu Holdings, the parent company of Brazilian fintech bank Nubank, as well as internet retailer Overstock.com. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Dazzling_Marzipan474

I thought BLOK looked cool and they were extremely active for a while. Idk what happened though, their Twitter is dead now. Glad I don't hold a lot.

GoToGetRich

I regret investing in BLOKTOPIA (BLOK), I bought it at $0.1 and now the price is $0.0025 (a bad luck), but I still hold and hope for a miracle that makes BLOK can recover and increase again, because I see the project is still have progress and the team is still active on disc*rd.

Jenn2895

Think I hit this point as well, unless we see a major dip. Shifting focus to adding to some Etf': SOXX (semiconductors), BLOK (blockchain) & UBOT (Ai). As well as adding to $Atos since they have a solid history of going sub $1 to over $5 over & over. Made some spare change w/ them several times. Probably scoop some more $MNMD too since I support their work w/ Ibogaine.

Negative-Structure51

BLOK, it had some crazy gains at first it went from .005 to .17 lol. Yes I sold very quickly with those gains, then I lost it in Yokaiswap lmfao

Calibased

BLOK, Algo and ETH. It’s why I still hold and trade them.

Dazzling_Marzipan474

I do have a tiny bag of BLOK. It seems ok and the team is working hard and lots of partnerships. But who knows.

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10z6vqg/daily_general_discussion_february_11_2023_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10xfaxf/daily_general_discussion_february_9_2023_gmt0/).

Ceago

Held my BLOK stack all the way to a value of around 10k and all the way down to a value of $300. :)

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10vmhhb/daily_general_discussion_february_7_2023_gmt0/).

PopeyesGreenSpinach

Used MEXC to buy BLOK, haven't check the price on that in a while

OhMyMemories

BLOK is a bitcoin ETF I own.

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10af5f6/daily_general_discussion_january_13_2023_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/109k9wk/daily_general_discussion_january_12_2023_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/109k9wk/daily_general_discussion_january_12_2023_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/109k9wk/daily_general_discussion_january_12_2023_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/109k9wk/daily_general_discussion_january_12_2023_gmt0/).

jewellui

I've been away 9 months, can someone fill me in on what has happened to the Metaverse coin sector in that time? I own ALICE, BLOK, and TLM along with a bunch of main coins and I noticed Metaverse is down significantly more or maybe it's just I bought near the peak... I'm assuming the hype about the Metaverse and Meta/Zuckerberg went away so the whole sector has tanked? I read Zuckerberg spent $15 bill.

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zjfh30/daily_general_discussion_december_12_2022_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zi7uwk/daily_general_discussion_december_11_2022_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z9k3aj/monthly_optimists_discussion_december_2022/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z97v8h/daily_general_discussion_december_1_2022_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z4sdjp/daily_general_discussion_november_26_2022_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z3yh86/daily_general_discussion_november_25_2022_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z1empq/daily_general_discussion_november_22_2022_gmt0/).

MakeItRelevant

Damn. It's a nice list. I had BLOK. They did a huge dividend payment in late 2021.

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yo70l5/daily_general_discussion_november_7_2022_gmt0/).

CointestMod

#ETF Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the ETF Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > This is topic is a bit vague because it doesn't specify whether we're discussing ETFs in general, or crypto ETFs. So I'm dividing my response in 2 parts. > > --------------- > > **ETFs in General**: > > ETFs are bundled funds of many invidual stocks that can be traded as if they were a single stock. There are many different types of ETFs, and they can be active (e.g ARKK, MOON) or passive (e.g. VTI, SPY, VOO). Index ETFs follow index markets and are a simple way for basic investors to buy the equivalent of a bucket of large numbers of stocks without having the complexity of managing each one separately. > > Cons: > > * ETFs have much lower returns than crypto, historically-speaking > * ETFs have management fees that typically range from 0% to 0.5%. Some actively-managed ETFs can go up to 1-2% management fees. > * You cannot directly purchase crypto using ETFs > * ETFs are a boring investments that are no longer technologically innovative. It doesn't make for an exciting conversation. > > --------------- > > **Crypto ETFs** > > There are 3 main categories of crypto ETFs and derivatives: > > * ETFs that invest in DLT/blockchain or mining companies > * Crypto future ETFs > * Crypto trusts, which aren't ETFs but behave similarly > > Cons: > > * There is currently no direct investment in crypto in the US. (Canada has 4 crypto ETFs). Instead, you can buy ETFs in blockchain or mining companies, crypto future ETFs, and crypto trusts. > * Cipherpunks might not like that ETFs are centralized securities controlled by traditional financial organizations > * For Crypto future ETFs still don't exist yet, and we're still [waiting for SEC approval](https://www.coindesk.com/markets/2021/08/05/invesco-files-with-sec-for-bitcoin-strategy-etf/). > * Many of the ETFs that invest in DLT/Blockchain technology companies have a small market cap. The biggest 4 are: BLOK (1.2 B), BLCN (290 M), LEGR (120 M), BITQ (77 M). > * Most of these ETFs that invest in companies have doubled in price in 2-3 years, which is nowhere near the 1000% plus gains from crypto. > * Bitcoin and Ethereum Trusts (Grayscale Ethereum Trust, Grayscale Bitcoin Trust) are Trusts based in Canada, so US investors would need to buy them on over the counter markets. They're an indirect investment in the sense that you're holding a trust, that holds cryptocoins. There are inefficiencies and rebalancing, so you pay a premium for the coins. There's also a high management fee of 2%. > * If you don't want the hassle securing your own coins, why would you want to use an inefficient Grayscale trust with 2% fees and a premium when you can buy crypto on other traditional centralized institutions like PayPal and Robinhood for 1/4 of the fees of Coinbase (non-Pro)? > * You don't get staking or voting rights. > * Most smaller altcoins will never be supported in the future. If you're really interested in a single cryptocoin, an ETF is not the way to invest in that specific coin. > * It's almost certain that no privacy coins will ever be supported > > **Crypto Indexes**: > > * There are also crypto indexes (e.g. Crypto20, DeFi Pulse Index), which are DeFi derivatives similar to stock ETFs > * None of these are as efficient as holding onto their underlying assets due to administration and network fees from periodic rebalancing ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ETF) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ykmhcv/daily_general_discussion_november_3_2022_gmt0/).

BeerMonkeee

There are crypto related ETFs if that is the method he's most comfortable with.. BLOK, BKCH, DAM, or even bigger financial ones will have some crypto coverage - FINX.

DefiantHamster

Million yieldly, BLOK, CKB, VRA. All sub 1 cent but not multiple zeros like lunc and shiba. Only one of those I don't think you'll get your money back in is yieldly.