# BTC  ETF

By [Untitled](https://paragraph.com/@0xb16b2f64691a121718513a5eae2d13050babe414) · 2021-10-15

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Issuing the BTC futures ETF is a good step but its basically handing hedge funds a massive arbitrage opportunity as the futures will trade at a large premium in bull phases and they get to capture those returns.

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*Originally published on [Untitled](https://paragraph.com/@0xb16b2f64691a121718513a5eae2d13050babe414/btc-etf)*