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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tanimariya on October 26, 2021, 06:11:50 AM

Title: As the CME’s Volume Gets Pumped, the Bitcoin ETF’s Quirky Structure Could Explai
Post by: Tanimariya on October 26, 2021, 06:11:50 AM

If one wants exposure to bitcoin, the purest play is buying bitcoin itself. Everything else comes with its own idiosyncrasies. Last week’s launch of the ProShares Bitcoin Strategy ETF (BITO) was a smash hit by any measure. Yet, it may be that at least part of its success could be the result of how the instrument is structured rather than pure demand from buyers hoping for bitcoin exposure.  Source Link

 (https://www.coindesk.com/markets/2021/10/24/as-the-cmes-volume-gets-pumped-the-bitcoin-etfs-quirky-structure-could-explain-some-of-it/)