The present craze around Bitcoin ETFs doesn’t appeal to O’Leary much.
Fees levied are his main worry since they don’t do anything to help long-term Bitcoin holders.
The famous investor Kevin O’Leary from the popular TV show “Shark Tank” has lately voiced his doubts on the merit of Bitcoin ETFs. The present craze around Bitcoin ETFs doesn’t appeal to O’Leary much, despite the fact that he is known as a long-term Bitcoin investor.
Fees levied by ETF issuers are his main worry since, in his opinion, they don’t do anything to help long-term Bitcoin holders like himself. There was a lot of excitement when the U.S. SEC approved ETFs; it was a major step forward for regulation. But according to O’Leary, a lot of these ETFs will have a hard time staying afloat.
Two or Three ETFs to Outperform Rivals
Few, he believes, will succeed owing to their extensive sales networks; this is especially true of those sponsored by financial behemoths. This forecast is in line with the pred
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