January 28th, 2018
The financial world was abuzz last week as the World Economic Forum met in Davos, Switzerland and Bitcoin, Blockchain, and "digital currency" couldn't be ignored as topics of discussion.
Another big development was Fintech darling Robinhood announcing they will support Cryptocurrency trading in 5 states in Febuary, as the line to the digital betting house approaches 1 million (wow, another Dr. Evil opp)
Robinhood is a popular platform for retail investors to get into their favorite stocks and ETFs and after playing around with the app over the last few days, I believe what we are seeing is the staging of Crypto ETFs.
While only Bitcoin (BTC) and Ethereum (ETH) are going to be ready in Febuary, 14 other coins are slated to be supported by Robinhood, including everybody's favorite meme coin Dogecoin(DOGE). Judging by the mix of payment coins and smart contract platforms, these selections could easily be a basket in the making. We'll see how it plays out.
In the meantime, if you want in the cool club, open up a Robinhood account today with my refferal link and get a free share of stock.
https://share.robinhood.com/markb1386
About the Author
Mark B the founder of Phuture Gains and is a proud Xennial, a micro-generatiom characterized by an analog childhood and digital adulthood. Mark considers this a blessing to be able to relate to older people to be able to help them adapt to the New Economy.
Disclaimer: Nothing in this article or blog is intended to be financial advice. Do your own due diligence before investing.
So many companies got denied ETFs this year, but Robinhood might be able to bridge the gap if they've been offering direct crypto for a while. It might be q3 q4 though.
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