Closer Than Ever to a Huge Crypto Catalyst – A Bitcoin ETF 
Matt McCall | Exchange-traded funds – or ETFs – have become wildly popular investments in recent years. They have been around since 1993, but the amount of money invested in them surged after the 2008-2009 financial crisis… from $530 billion to more than $4 trillion. I like ETFs as well. I follow them closely to track certain indexes or sectors. I am a fan of their lower costs, and I am a big believer in the "basket" approach of owning multiple stocks in a sector or industry. I use this same basket approach in my own investing, with my clients, and in my newsletters. I just prefer to create my own ETF. It's a more concentrated basket that focuses on the best half dozen or so stocks. This gets me around the biggest problem with ETFs, which is that you are forced to own the laggards as well as the winners. If you follow ETFs at all, you know how many there are – more than 7,600 around the world and more than 2,200 just in the United States. They have trillions of dollars invested in them, so just imagine what would happen to cryptocurrencies if a bitcoin ETF became available. It would open yet another floodgate… FRIDAY, APRIL 2: Matt McCall Is Releasing a Brand-New Crypto Recommendation Bitcoin expert Matt McCall's model crypto portfolio is up a whopping 800% on average – and on Friday, he's releasing a new recommendation that could soar even higher. Learn how to access it here. SPONSOR AD | I have talked about a bitcoin ETF for a while now, and the signs are there that we are getting closer than ever to one being approved on U.S. exchanges. It would be hard to overstate the importance of this. U.S exchanges trade a little over half of all the equity in the world, so it doesn't take much imagination to see how a bitcoin ETF here would significantly open up money flowing into bitcoin. The strongest altcoins – cryptocurrencies other than bitcoin – would also ride that wave. One key is that a bitcoin ETF would be backed with actual bitcoin. That would distinguish it from a bitcoin trust, like the popular Grayscale Bitcoin Trust (GBTC), which has more than $33 billion under management. The trust can trade at a premium or discount to the value of the amount of bitcoin it owns, which is why it is up 357% in the last six months while bitcoin has gained 443%. 
If you're surprised there isn't already a bitcoin ETF, you're not alone. Firms have been trying to start one for eight years now. But the Securities and Exchange Commission (SEC) keeps shooting them down – including nine in one day in August 2018! It's ridiculous, but regulators haven't historically understood bitcoin. That's about to change, and it's a major reason why I think we are closer to a bitcoin ETF. Gary Gensler, President Biden's nominee to head the SEC, has a much better understanding of bitcoin than his predecessors. He is a professor at MIT who has taught a course on blockchain, so he clearly understands the underlying technology and its applications. In addition, two bitcoin ETFs now trade in Canada, which increases the likelihood of approval here in the United States. The applications are lined up. There are already about 12 on file with the SEC. Where is bitcoin headed over the next few months? Bitcoin is hitting record highs. Should you buy, sell, hold on for dear life? Matt McCall just gave the full details on where he believes the crypto markets are headed in a recent special presentation. You can watch it here. SPONSOR AD | The most recent came less than a week ago… and from a heavy hitter. Fidelity (FNF) is one of the largest asset managers in the world with $3.5 trillion under management. It filed a prospectus for an ETF that would track bitcoin using the Fidelity Bitcoin Index. A bitcoin ETF would bring a wider pool of potential investors because of the popularity of ETFs overall but also because it would be a simple and easy to own bitcoin. Some people are still uncomfortable holding bitcoin in their own crypto "wallets," and a true bitcoin ETF would eliminate that need. You can see how an ETF would be a big catalyst for bitcoin. And the strongest altcoins have the opportunity to benefit even more. If and when a bitcoin ETF is approved, I think it would be just a matter of time before other cryptocurrency ETFs are also given the green light. Think how specialized ETFs can be. You can invest in everything from stocks benefitting from increasing rates of obesity (ticker: SLIM) to companies relevant to millennials (ticker: MILN) to video game stocks (ticker: GAMR). Now expand that to cryptocurrencies. I think there will ultimately be specialized crypto ETFs in some of the space's hottest sectors – like an NFT ("non-fungible token") ETF or a DeFi ("decentralized finance") ETF. Crypto ETFs would be another major step forward in Blockchain 2.0 and another catalyst to ignite the massive upside potential in altcoins. I believe that day is coming… and it's just another reason why now is the time to invest in this revolutionary technology. Best regards, 
Matt McCall
Editor, MoneyWire
P.S. DeFi is huge right now. These coins aren't so much currencies but technologies that are disrupting many areas of our financial system – making them fairer, more honest, and more transparent. They're bringing massive changes to banking, hedge funds, voting, stock trading, insurance, advertising, real estate, academia… you name it. Along with these massive changes comes massive gains. My portfolio of recommended altcoins has seen 830%+ gains already – and we're still in the first inning. There are huge developments going on right now in the crypto space, and a lot of money is still up for grabs for folks who get in early. That's why I recently put together a full presentation about the state of today's crypto market, where it's heading, and all the details on the best way to take a stake in DeFi. To watch that presentation, simply click here. Matt McCall's MoneyLine Podcast Click here to listen to Matt McCall's MoneyLine podcast! Some growth stocks have been hit hard recently, but space stocks are clearly the future. Is it time to invest? On this episode, Matt discusses a ton of stocks that have been pummeled in recent weeks and why the dip is only temporary for some. You can subscribe to this podcast on iTunes, Stitcher, Spotify, or wherever you listen to podcasts. Learn where Matt McCall sees
huge investment opportunities right now: How the 5G Breakthrough Can Make You Rich The next trillion-dollar companies – the next Amazon, the next Google, etc. – are being hatched in research facilities and garages around the world. These firms will further change the world and revolutionize our economy. Just as Apple, Google, Amazon, and Microsoft can't function without the internet, the next generation of world-changing, $1 trillion mega winners can't survive without the subject of this report… the super powerful infrastructure technology we call "5G." Learn more here. How to Make Huge Profits From the Shift to Transportation 2.0 The car as we know it is on the verge of a transformative change not seen since Karl Benz invented it nearly 135 years ago. In fact, the whole transportation sector is now poised for its version of 2.0. I'm not exaggerating when I say this will lead to trillions of dollars in money sloshing around in the coming decades. What is coming will create one of the five biggest investment opportunities you'll ever see in your life, no matter when you were born. Learn more here. How to Cash In on the Biggest Battery Breakthrough in a Century The next big breakthrough in battery technology is an innovation that will have multi-trillion-dollar economic implications. I can tell you this mega innovation isn't a matter of "if," it's a matter of "when," and I believe it will go down as one of the greatest inventions of the 21st century. Those on the right side of this innovation stand to build incredible wealth… just like people did from the creation of the internet and the smartphone. Think of this as your "field guide" for profiting from the next big battery breakthrough. Learn more here. | 
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