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Bitcoin Futures vs ETFs vs Spot: What Actually Makes Sense

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ticker lesson

Breakdown

0:00lesson

Bitcoin futures overview

  • First crypto future launched 2017
  • 5 BTC contract worth $300k
  • Micro BTC contract worth $6k
1:52lesson

P&L impact and contract size

  • $1k move = $5k P&L impact
  • Micro contracts manageable for individuals
  • $100 impact from $1k move
3:39lesson

Options on futures

  • Options available on both BTC and MBT
  • Opens world of non-directional strategies
  • No borrowing costs for shorting
5:25lesson

Futures vs spot vs ETFs

  • Futures 24/7 trading
  • Easy to get long or short
  • Inherent leverage in futures
7:03lesson

Futures P&L and risk management

  • Straight line P&L chart
  • Stop orders important for protection
  • Performance bond = $1,400
8:28lesson

What moves Bitcoin

  • Regulation and policy impact
  • Correlation with NASDAQ
  • Market liquidity important
10:07lesson

Bitcoin volatility

  • Historically highest V at CME
  • Nat gas and silver also volatile
  • Micro contracts help manage risk
11:46lesson

Conclusion and position sizing

  • Standard and micro BTC futures
  • Micro preferred by individual traders
  • Plan before entering positions

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