ETFs listed — What’s next for Bitcoin?

ETFs listed — What’s next for Bitcoin?

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  1. tldr; The long-awaited futures-based Bitcoin ETF has launched on the New York Stock Exchange. The listing of ProShares Bitcoin Strategy ETF on Tuesday is believed to provide an additional thrust for Bitcoin and cryptocurrencies to mainstream legitimacy. However, the new Bitcoin ETF doesn’t invest in Bitcoin directly but instead allocates a portion of its assets to BTC futures contracts.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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