Bitcoin shares and funds are also for sale in Belgium: this is how you invest in crypto coins via the stock exchange – Investing
There are already a lot of opportunities on the stock exchange for those who want to jump on the bitcoin train, but do not want to perform via crypto platforms and do not perform transactions with keys and wallets. And what happens on the stock exchange falls under the supervision of stock market watchdogs such as the FSMA.
“I think it’s clear that digital assets are part of the future of financial services and markets,” said Jane Frasier, the CEO of Citigroup, in an interview with Yahoo Finance. “That’s why we’re trying to connect our customers to wallets (which hold digital coins, N/A). We’re helping our corporate customers enable payments in digital assets. We’re building infrastructure for instant payments, but we’re moving forward, because everything moves fast those crash barriers are necessary for the security and robustness of the financial system.”
“I think it’s clear that digital assets are part of the future of financial services and markets,” said Jane Frasier, the CEO of Citigroup, in an interview with Yahoo Finance. “That’s why we’re trying to connect our customers to wallets (which hold digital coins, N/A). We’re helping our corporate customers enable payments in digital assets. We’re building infrastructure for instant payments, but we’re moving forward, because everything moves fast those crash barriers are necessary for the security and robustness of the financial system.” Jamie Dimon, the CEO of JPMorgan Chase, has a different opinion. “I think bitcoins are worthless,” he said on several occasions. “They have no possible side value. Our customers do not agree with me. They are not we want to buy bitcoins, can sell them and thus give clean access to the market. I always thought it would be made illegal, as in China. I think it’s a bit of gold for fools. Being regulated. Like it or not.” The coming about the bitcoin are divided. One investor finds bitcoins worthless, the other next to more than 50,000 euros for one bitcoin. Rather than a digital currency, Bitcoin is digital gold that is not stored in a digital, but in a virtual vault in the cloud. The biggest danger of investing in bitcoins is already light that you get your key or code. By investing in bitcoins via listed products, you avoid this. You can’t pay with bitcoins in many places yet. The virtual currency is not yet a unit of account to stabilize prices. made of the price of bitcoin swings back and forth too much. For many people it already serves as a store of value, a bit like bars of gold in a safe. Gold is mined in mines. New bitcoins come through mining. Every transaction in bitcoins must be recorded in a kind of log, the blockchain. new blocks have to be created every time by miners, who need a massive amount of computing power and time. When a block is created, 6.25 bitcoins are released as a reward for the miners. Less miners find a block somewhere in the world every 9.5 minutes. The bitcoin code states that the number of bitcoins per block halves approximately every four years. The next halving may take place in early 2024. It is becoming increasingly difficult to bring in new bitcoins, just as miners have to be used more deeply to extract gold from the ground. That same code puts the maximum at 21 million bitcoins in 2140. Who wrote the code is a mystery. The first transaction between the enigmatic Satoshi Nakamoto, a pseudonym, and the computer scientist Hal Finney in 2009. That is also the reason behind the phenomenal value of bitcoin from a few cents to nearly $60,000 today. What applies to bitcoin does not necessarily apply to other cryptocurrencies. Thousands of coins exist, a handful of which really matter. If you want to trade in a variety of cryptocurrencies, you better watch out for scammers who hype a coin and then cash it when enough people have fallen into the trap. Globally, there is approximately $2600 billion in cryptocurrencies, according to CoinGecko. Bitcoin (1.107 billion dollars) and ethereum ($470 billion) have large-scale market capitalization. The value of ether resides mainly in its blockchain, a popular platform that allows slim without a person. Global equities are estimated to be worth more than $90 trillion. Investors can no longer trade bitcoin. Is it a time to invest in bitcoins? Who’s to say? Regulators can throw a spanner in the works at any time. A debacle such as the marketplace Mt.Gox, which suddenly lost 850,000 bitcoins from customers in 2014, cannot be predicted either. “The business and the trading platforms have matured a lot,” said James Butterfill, investment strategist at CoinShares. “Mt. Gox just had a really bad policy to keep the crypto coins safe.” He doesn’t see much happening today. A year ago was a better time to buy bitcoins, because then one bitcoin was less than 12,000 euros. Five years ago was no better, when investors could enter a bitcoin for 635 euros. But the scarcity is inherent in bitcoin demand. Products have recently come onto the market in the United States that give large investors the opportunity to invest in bitcoins in a roundabout way. Demand could therefore best continue to rise. Which platform is the best for you to invest in bitcoins? That’s difficult. Regulations are hopelessly behind. Coinbase is not the only platform to stock on the exchange. According to users, it would be very accessible, but slightly more expensive than Binance, for example. Many people who buy bitcoins do not trust the financial system. The decentralized and unregulated nature of cryptocurrencies attracts them. They have to turn to one of the hundreds of crypto platforms. If you just want to join in and eat a piece of the bitcoin pie, you can also invest in bitcoins with a small detour via the calibrated channels. Two weeks ago there was a lot of talk in the United States about the first American bitcoin ETF. In Europe, bitcoin investments are going for products for much longer, but brokers are not allowed to advertise there in our country, because it concerns a risky products table (). The new US funds invest through futures or forward contracts. The European funds invest in bitcoins. The US SEC has long oversaw ETFs because cryptocurrencies are an unregulated market. Futures are well regulated. Butterfill thinks the SEC doesn’t quite understand the market yet. “The regulator is afraid that the price of bitcoin can be manipulated. I do not believe in that. The goal is the same for all players in the United States: an investment product that is 100 percent backed by bitcoins. Investing in those futures is complex. , yields less and sometimes entails high costs.” In addition to funds, there are also shares of companies that derive income from bitcoins. It goes without saying that investing in mining companies such as Hut 8 Mining and Bitfarms is riskier than investing in Nvidia, where revenue from gaming video cards is still more important than revenue from mining video cards.