Spot ETFs and Futures ETFs are not fraternal twins; they're distant cousins at best. With Futures, you're essentially placing bets on what might happen. It's speculative voodoo, sans the underlying asset. Spot ETFs? They're the real deal. You buy a share, and somewhere a chunk of Bitcoin or Ethereum gets locked away in the Scrooge McDuck vault that backs the ETF.
Elon turned Tesla into an enigma—a "hardware company with software projects," a riddle Wall Street can't easily solve. Yet, it serves as a chord underscoring the real score: Tesla's staggering cash reserves. If you listen carefully, the music suggests a play in four parts: Sit on a pile of cash, make a cryptic announcement, execute a stock buyback, and watch as Tesla profits in 2026. That is Musk's magnum opus, a crescendo that will echo through the financial corridors.
Well, look at that! Gensler got himself a crystal ball and suddenly has someone (something) to blame for the shitty corrupt work he does. "U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that artificial intelligence (AI) could spark a financial crisis in the next decade."
Ride at your own risk: Side effects include sudden wealth, random heart palpitations, and excessive use of the refresh button.