ProShares Launches BITO, the First Bitcoin ETF in the US

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The ProShares Bitcoin Strategy ETF (BITO) arrives after issuers spent years trying to receive approval by the SEC for an exchange traded fund linked to cryptocurrency. BITO will not invest directly in bitcoin, but instead in bitcoin futures.

from Google Alert - Business https://ift.tt/3B1g6Pk
The ProShares Bitcoin Strategy ETF (BITO) arrives after issuers spent years trying to receive approval by the SEC for an exchange traded fund linked to cryptocurrency. BITO will not invest directly in bitcoin, but instead in bitcoin futures. https://ift.tt/eA8V8J

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