What we really need is a short squeeze followed by some really good news. I'm really surprised there hasn't been more of a fuss and price increase around the CXBTF ETN news.

I can go and buy into BTC through my E*Trade account right now, and the company behind the notes would then go buy more BTC, which is different than how GBTC works. That seems like a really big deal to me.

I would love to also understand how/why that is allowed without SEC approval where ETFs are not. It seems like this might help push ETF approval too, otherwise money will be flowing outside the US to invest in BTC through traditional brokerages. I could go on and on here!

One unrelated question - How often do the futures contracts expire? Is it always on the 15th of every month?