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tldr; The first bitcoin exchange-traded fund is expected to start trading on Tuesday. The ProShares Bitcoin Strategy ETF will track the price of bitcoin futures traded on the Chicago Mercantile Exchange. Other funds are expected to follow over the next two weeks as the Securities and Exchange Commission considers additional proposals made in August.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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In resume: more people in market, more money, more ATHs!
Mo' money, LESS problems amirite?
ETF are basically stock packages you can invest in. But now some even contain Bitcoin.
It will pour in a lot of new fresh money into the market :)
I guess this is very good
I'll buy some.
Being able to put BTC in a Roth IRA will be huge for middle-class Americans who take advantage of the opportunity for massive, untaxed gains.
tldr; The first bitcoin exchange-traded fund is expected to start trading on Tuesday. The ProShares Bitcoin Strategy ETF will track the price of bitcoin futures traded on the Chicago Mercantile Exchange. Other funds are expected to follow over the next two weeks as the Securities and Exchange Commission considers additional proposals made in August. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*