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ProShares Bitcoin ETF to debut on NYSE on Oct. 19
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The first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) in the United States, ProShares’ Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange (NYSE) on Oct. 19 under the ticker BITO.
ProShares CEO Michael Sapir said the launch marks an important milestone for cryptocurrency ETFs in the United States following several years of effort to list one on an exchange:
Sapir went on to say that the Bitcoin ETF’s debut on NYSE unlocks massive exposure for investors in traditional financial markets.
“BITO will open up exposure to Bitcoin to a large segment of investors who have a brokerage account and are comfortable buying stocks and ETFs, but do not desire to go through the hassle and learning curve of establishing another
Read more on cointelegraph.comAbout this in other media
Valkyrie’s leveraged Bitcoin ETF reportedly shot down by the SEC ambcrypto.com /3 years ago
‘Exiting Times’ as Australian Managers Ready ‘Inevitable’ Bitcoin ETF Offerings cryptonews.com /3 years ago
BTC price dips below $62K on VanEck Bitcoin ETF launch day cointelegraph.com /3 years ago
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