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1993 is remembered for the first equity ETF, 2002 for the first bond ETF, and 2004 for the first gold ETF. 2021 will be remembered for the first cryptocurrency-linked ETF. ProShares CEO Michael Sapir Itfinallyhappened sort of. The first bitcoin-linkedETFs have arrived, with the ProShares Bitcoin ...
Insider: Finance
2years ago
"Contango in the BTC futures curve can impose a drag on performance for these funds due to the futures carry cost," JPMorgan explained.
Traders work on the floor of the New York Stock Exchange
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Launch of the ProShares Bitcoin Strategy ETF has been a wild success, with the...
ProShares, a premiere provider of ETFs, plans to launch the first bitcoin-linked ETF in the United States (NYSE Ticker: BITO) tomorrow, October 19, 2021. BITOs launch will mark a milestone for ETFs. BITO will offer investors an opportunity to gain exposure to bitcoin returns conveniently, through a...