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ArbitrageScanner is hosting its biggest affiliate event in Bangkok on the 9th of December. For affiliate marketers, arbitrage traffic and cryptocurrency leaders. | Bitcoinist.com

bitcoinist.com 27-11-2023 07:56 3 Minutes reading
ArbitrageScanner.io is organising a major affiliate side event in Bangkok, bringing together top participants and leaders in cryptocurrency arbitrage, affiliate marketing, cryptocurrencies and other areas. No speakers or presentations, just live networking and discussing the most interesting topics with like-minded people in a relaxed atmosphere. Unlimited food and drinks will be available for all attendees, as well as a beautiful panoramic view of the city. The advantage of attending Arbitrage Scanner events is that you can meet market leaders, network and make business contacts in a relaxed environment. Here you will get new knowledge and working cases from practitioners in different verticals: betting, crypto, nutra, finance, etc. You will be able to learn about new sources of income, get valuable tips that are never shared on the internet. And all this without any reports - just live communication The event is free for all participants. All you have to do to get your ticket is register at https://arbitragescanner.io/affiliate-event-bangkok. The number of tickets is limited, so you are advised to book your place in advance. VIP tickets are also available on the website, priced at $99 and $199. There will be a separate area for VIP attendees with unlimited snacks and drinks of any strength for the rest of the evening. Where will the event take place? At one of Bangkok's most prestigious restaurants, ranked in the top 23 in the city. The restaurant has two floors, one of which is an outdoor terrace with a beautiful panoramic view of the city. Not only are the food and drinks delicious, but the original welcome cocktails are spectacularly presented. Who are the participants? Anyone involved in affiliate marketing: affiliates, webmasters, affiliate network representatives and cryptocurrency industry leaders. If you are a professional or just starting out in affiliate marketing, learning the basics of traffic/cryptocurrency arbitrage or have been making money for a long time, this event is definitely for you. The first side events have already taken place in Dubai and Istanbul, you can see what they were like here: ArbitrageScanner Events | Is crypto arbitrage alive? Meeting of our clients on October 26 in Dubai The big advantage for all affiliate marketers and the cryptocurrency industry is not only the opportunity to participate in exclusive side events, but also the Arbitrage Scanner product ecosystem. All affiliates receive up to 50% of the sales from their referral link. There are no restrictions or commissions on payouts. For example If someone using your referral link buys access to PRO products for $200, you will immediately receive $100, which you can withdraw immediately. The product ecosystem includes the best tools for blockchain analysis and easy cryptocurrency arbitrage. The positive Arbitrage Scanner reviews you can see online or hear in person from customers of the product only prove its power and the real benefits customers get. You also have the option to purchase ArbitrageScanner's white label, which is the perfect solution for those who have always wanted to start their own business, but have always put it off due to the amount of work involved. You can buy the product's pre-built IT solutions so that you can implement them into your turnkey business straight away. The cost is from $19999 for months of your saved time and effort that you would have spent building a similar service. Details on the website: https://arbitragescanner.io/ Let's take a closer look at the tools and their benefits: If you are in Bangkok, don't miss the chance to attend an Arbitrage Scanner event in Bangkok. You will meet the top leaders in the industry, gain new experiences, get valuable tips and just relax in an expensive venue with a beautiful view of the city.

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The Biggest Spot Bitcoin ETF Myths Debunked
01.01.24 07:24
by bitcoinist.com

The Biggest Spot Bitcoin ETF Myths Debunked

With just days left before a spot Bitcoin ETF is expected to be approved by the US Securities and Exchange Commission (SEC), Alistair Milne, Chief Investment Officer (CIO) of Altana Digital Currency Fund, addressed several myths surrounding the Spot Bitcoin Exchange-Traded Funds (ETFs). In recent weeks and months, several shockingly false rumors have persisted, painting a false picture of the future with a spot ETF. Milne emphasized the stringent legal and operational frameworks governing spot ETFs. With this, he addressed the common myth that spot ETF could water down the 21 million supply of BTC by injecting "paper Bitcoin". He stated, "Spot ETFs are legally obliged to invest net inflows in BTC, which will be held by a custodian, fully audited, etc." Moreover, ETF providers like BlackRock, Fidelity and Bitwise are 'seeding' their ETFs with cash on exchanges to be ready to buy Bitcoin when inflows occur. This is a proactive measure to manage liquidity and maintain the ETF's performance in line with Bitcoin's market movements - - but again, no manipulation is taking place. Also, the spot ETFs actions are dictated by inflows and outflows, not by discretionary decisions of the fund managers like BlackRock's Larry Fink. This means the buying and selling of Bitcoin by the ETF are purely transactional, based on the fund's need to balance inflows and outflows. "ETF providers have no discretion with regards to buying or not buying, only inflows/outflows may dictate their trading," Milne clarified. In the same vein, unlike derivative ETFs, spot Bitcoin ETFs involve actual BTC, which underscores their direct link to the cryptocurrency's market dynamics. "Bitcoin spot ETFs will dramatically increase the proportion of spot BTC traded vs derivative (unbacked) volumes ... reducing the influence of the latter BTC's price will be more difficult to suppress, not easier," Milne explained. Market Makers (MMs) and others will trade or arbitrage the ETF's stock versus spot Bitcoin. This is done to ensure that the ETF is priced as close to the actual market value of BTC as possible, thereby exploiting any inefficiencies for profit. Milne further elaborated that a spot ETF that underperforms Bitcoin (before fees) will likely go out of business, as its value is expected to mirror that of Bitcoin's market performance. The discussion on X also ventured into the dynamics of investor movement between different ETF providers. In response to a query about potential shifts from Grayscale Bitcoin Trust (GBTC) to other ETFs, Milne clarified, "GBTC will instantly be at par value, so the only sellers are likely those who bought at a discount and want to rotate back to self-custody (like me). Net effect after 1-2 working days would be zero. Someone selling GBTC and buying, for example, IBTC the same hour should have no effect either." Another myth revolves around the trustworthiness of ETFs. A user expressed skepticism about reliance on traditional auditing methods, suggesting that on-chain signed messages from t...

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