My bet is that the ETF is approved.
Where can I view bitcoin mining data about each block?
It is ingenious, but at the moment, I've read the energy required for one btc transaction is almost enough to power 3 homes for a day. I am worried what will happen if the marketcap increases significantly more. I am hopeful that Ethereum's proof of stake will show a better way.
The way I understand it, there is no technical issue. I don't think it will be a particularly great breakthrough though, and it would cause plenty of chaos in the short term. https://en.wikipedia.org/wiki/Exchange-traded_fund The second paragraph has a brief description of roles of the ETF distributor and approved participants in ETF share creation. My thinking is that (A) Bitcoin is extremely volatile, partiallybecause it has a large number of inexperienced/uninformed people trading it, (B) volatility makes it riskier for the authorized participants to convert BTC to and from new ETF shares. So they need a larger discrepancy between BTC and the ETF to pay for the risk (C) bigger discrepancy reduces liquidity and also stirs up the crazies, both of which feed back into (A).
Fuckin' Jay Z is launching a venture capital fund. This here economy is Frank Booth huffing amyl nitrate from a tank.