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re: Official CryptoTalk Thread

Posted on 5/16/24 at 5:44 pm to
Posted by I Love Bama
Alabama
Member since Nov 2007
37743 posts
Posted on 5/16/24 at 5:44 pm to
quote:

The Chicago Mercantile Exchange (CME) announced today that they have plans to make the Bitcoin Spot ETFs available for trading on their exchange.


Saw that. Coinbase is going to get left out in the cold it looks like.

quote:

It's getting to be more and more like a feeding frenzy.


Perfectly said.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35572 posts
Posted on 5/16/24 at 5:51 pm to
So is standard practice still to buy actual BTC and store in your personal wallet or are we going with ETFs these days?
Posted by WG_Dawg
Hoover
Member since Jun 2004
86575 posts
Posted on 5/18/24 at 8:50 am to
quote:

Coinbase is going to get left out in the cold it looks like.



Can you elaborate on this?
Posted by 98eagle
Member since Sep 2020
1983 posts
Posted on 5/18/24 at 2:45 pm to
quote:

Coinbase is going to get left out in the cold it looks like.


Just wait until Fidelity upgrades it's Fidelity Crypto service to operate just like Coinbase. Ive talked with Fidelity several times earlier this year about this. They say they are working on it and planning to implement this capability later this year with Bitcoin. Imagine how many people will move their Bitcoin from Coinbase to Fidelity when that happens.
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