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SEC Approves ETF for ‘Bitcoin Revolution Companies’, Portfolio Includes Tesla and Twitter

SEC Approves ETF for ‘Bitcoin Revolution Companies’, Portfolio Includes Tesla and Twitter



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6 Comments

  1. I can’t see this as anything but positive, but if I was an investor interested in bitcoin, that for some reason wanted exposure to bitcoin through stocks rather than actual bitcoin, I’d go 100% Microstrategy; Tesla’s performance is too heavily influenced by other factors.

  2. tldr; The Securities and Exchange Commission has approved a fund called the “Volt Bitcoin Revolution ETF.” The fund will provide retail investors with exposure to Bitcoin by creating a portfolio of “Bitcoin Revolution Companies” that hold a significant amount of the cryptocurrency on their balance sheets. The fund’s fees are modest, consisting of a 0.85% annual management fee.

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

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