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re: Official CryptoTalk Thread

Posted on 4/2/24 at 4:53 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10233 posts
Posted on 4/2/24 at 4:53 pm to
BTFX owns futures, so would be subject to continual rolling of forward contracts. Forward contracts might not be correct, I'd need to think through that, as well as contango and backwardation.

I didn't take the time to find out if it is a rust, note or what exactly it is.

It's leveraged, so subject to deterioration, as well as futures risk as noted above.
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