The First Bitcoin Lnked ETF Starts Trading On The New York Stock Exchange…
…but I’ll let you in on a little secret…you can buy and hodl your own Bitcoin with a BitWallet!
I’m going to sit back and watch as the price goes up today…another day which brings us closer to Bitcoin taking over the world….
The first Bitcoin-linked ETF starts trading on the New York Stock Exchange
“The first Bitcoin-linked exchange-traded fund has launched in the US, marking a new milestone in cryptocurrency’s ongoing journey toward the financial mass market.
ProShares, an investment management firm, is launching the ProShares Bitcoin Strategy ETF, which will be listed on the New York Stock Exchange under the ticker BITO starting Tuesday. Though it offers retail investors a novel channel for cryptocurrency exposure — and one that may seem less risky than buying it directly — it’s more of an evolutionary step than a revolutionary one. In short, you can’t buy Bitcoin from your stockbroker yet.”