How Does the Bitcoin ETF Affect You? | Investors Alley

How Does the Bitcoin ETF Affect You?

October 21, 2021 6:15 am by Serge Berger

With the launch of the first ever Bitcoin ETF…

The SEC has legitimized cryptocurrencies.

Although the ETF doesn’t buy Bitcoin directly, but rather, the futures of Bitcoin…

It still will cause disruptions in the market.

In this weekly briefing, I’m going to break down what I see could happen in the broad markets and cryptocurrencies due to this launch.

Even if you don’t invest in cryptocurrencies right now, let me share with you some important thoughts and how this can affect your investments.

Click here to view an ex-JP Morgan banker’s take on what Bitcoin’s ETF will do to your investments.

Information contained in this email and websites maintained by Magnifi Communities LLC are provided for educational purposes only and are neither an offer nor a recommendation to buy or sell any security, options on equities, or cryptocurrency. Magnifi Communities LLC and its affiliates may hold a position in any of the companies mentioned. Magnifi Communities LLC is neither a registered investment adviser nor a broker-dealer and does not provide customized or personalized recommendations. Any one-on-one coaching or similar products or services offered by or through Magnifi Communities LLC does not provide or constitute personal advice, does not take into consideration and is not based on the unique or specific needs, objectives or financial circumstances of any person, and is intended for education purposes only. Past performance is not necessarily indicative of future results. No trading strategy is risk free. Trading and investing involve substantial risk, and you may lose the entire amount of your principal investment or more. You should trade or invest only “risk capital” - money you can afford to lose. Trading and investing is not appropriate for everyone. We urge you to conduct your own research and due diligence and obtain professional advice from your personal financial adviser or investment broker before making any investment decision.

Investors Alley, a division of TIFIN Group LLC, is affiliated with Magnifi via common ownership. Investors Alley will receive cash compensation for referrals of clients who open accounts with Magnifi.

Magnifi LLC does not charge advisory fees or transaction fees for non-managed accounts. Clients who elect to have Magnifi LLC manage all or a portion of their account will be charged an advisory fee. Magnifi LLC receives compensation from product sponsors related to recommendations. Other fees and charges may apply.

Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.

Mutual Funds and Exchange Traded Funds (ETFs) are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.

How Does the Bitcoin ETF Affect You?

10 Highest Yield Dividend Stocks Going Ex-Div This Week

Pick a Side: Income or Capital Gains

Trade of the Week: Not Making a Trade

How One Guy Got Rich Remaking the Corporate Bond Market – and How We Can Do It Too

Dogfight: Google Covered-Call ETFs One v. One

Investors Alley