Storing and guarding gold is a pain in the ass. Transaction fees for tiny positi... | Hacker News

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		prodigal_erik on Dec 13, 2013 \| parent \| context \| favorite \| on: How to bet against the bitcoin megabubble Storing and guarding gold is a pain in the ass. Transaction fees for tiny positions in the entire Russell 2000 index would be prohibitive. These are the kinds of things people use ETFs to buy. Why would I want to buy into an ETF that holds BTC rather than buying BTC myself, is it easier to write options or loan into short interest that way?

alexeisadeski3 on Dec 13, 2013 [–]

>Why would I want to buy into an ETF that holds BTC rather than buying BTC myself, is it easier to write options or loan into short interest that way?

Yes it would be easier.

Also, it'd be much easier to grab a BTC ETF on e*trade than to deal with the BTC exchanges.

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