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Ethereum Trading on Nasdaq Stockholm exchange, is this a big deal?

PURE INVESTMENTS ULTIMATE DISCUSSION


Ethereum Trading on Nasdaq Stockholm exchange, is this a big deal?

Analysis - This is a good step forward, however it is not by any means a revolutionary move in crypto currency. Bitcoin has already done this and was listed awhile ago, what would really be nice would be if it is created into a ETF.

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ETNs function similarly to exchange-traded funds, except rather than give investors access to a basket of assets, they generally give investors exposure to just a single asset.

This is a good start because it will allow more people access to crypto currency and will make it easier for some people to enter the market. ( tax benefits can apply )

Personal security is a huge problem with crypto's. People just dont want to have to be personally liable for their assets, so this will be a good way to make the whole process less taxing on the individual.

This is also only going to be available in the European countries which is fine, you want a fixed community first and then scale it to the world eventually.


Is this a reason to throw your coffee down, push your siblings away from your family computer and invest in Ethereum fast? No. There is still a lot more to come, but we are heading in the right direction and Ethereum is looking more promising for the future.

Coindesk has a good article to read up on if you are so inclined to do so
[Image: RiVgfAL.png]
I think people are still confused on this, if anyone has any questions feel free to ask me
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