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Bitcoin futures ETF has under-performed spot prices since 2018, is it still viable?
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A new type of exchange-traded fund sprang into the public markets with the arrival of ETFs tied to Bitcoin futures. These ETFs invest in contracts used to speculate on future BTC prices. They can be purchased and sold like a stock and don’t require buyers to hold an account at a cryptocurrency exchange or to have a crypto wallet. The SEC chairman, Gary Gensler struck a similar tone, igniting a rush in tailor-made ETF filings.
The cryptocurrency hit the New York Stock Exchange on 19 October with
Read more on ambcrypto.comAbout this in other media
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