RE:RE:Btcc vs bitcoins liljohnnyjoke wrote: ETFs always seem to exceed to the downside and underperform to the upside, especially with commodity expiration dates and contango and backwardation
True, because commodity ETF's track a commodity that eventually is delivered to buyers. The ETFs need to rollover so they don't need to take physical possession and so only ever own the futures contracts.
Bitcoin is owned.
So no contango or backwardation.
Only issue, as stated, a trading day vehicle vs a 24hour traded holding.