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IDX launch the first US mutual fund for Bitcoin futures

IDX launch the first US mutual fund for Bitcoin futures



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3 Comments

  1. tldr; IDX Advisors has launched a US mutual fund product offering Bitcoin Futures. The Bitcoin strategy fund will trade under the BTCDX ticker, but will operate on paper as a Mutual Fund. It will commit to more than 50% of fund exposure being committed to Bitcoin futures in normal market conditions.

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

  2. Individuals should buy actual Bitcoin then send it to their own (hardware) wallets to hold, long term.

    Nobody “needs” a fund when they can just buy and hold actual Bitcoin where it cannot be confiscated.

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