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The Price of Bitcoin Approaches $64K as ETFs Are Ready to Launch

The Price of Bitcoin Approaches $64K as ETFs Are Ready to Launch



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  1. tldr; As the first US Bitcoin Futures ETF is getting ready to be launched this Monday, the price of Bitcoin went above the $62,000 level for the first time in over half a year. Bitcoin futures let investors bet on Bitcoin’s price without actually purchasing the crypto. ProShares announced it would launch its Bitcoin ETF on October 18th.

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

  2. Instead of putting money into a retirement fund which then buys shares of another fund which *claims* to buy bitcoins, but is likely doing a rehypothecation scam…

    …individuals should **buy actual Bitcoins** (not alt-coins, GBTC, ETFs, paypal, robinhood, etc), then send their Bitcoins to their own (hardware) wallets.

    “*Not your keys, not your Bitcoins*.” — Antonopoulos

    Stop applauding the Wall St. criminals.

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