Yesterday, I posted a piece about Bitcoin and left ot something very important. Today, marks the launch of the first Bitcoin ETF,(many others to follow soon) based on a cash settled futures contract. This is similar to the introduction of gold and silver futures in the early 1970’s to minimize investor interest in actual physical gold and silver while providing for a means to help supress their prices. It won’t necessarily be today, but as more of these ETF’s get released Bitcoin prices will top out.