How does a Bitcoin ETF work?

How does a Bitcoin ETF work?

Before we look at the potential benefits and risks of a bitcoin ETF, let’s back up a step and go over what a bitcoin ETF is and how it works. An ETF is an investment vehicle that tracks the performance of a particular asset or group of assets. ETFs allow investors to diversify their investments without actually owning the assets themselves.

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New Bitcoin futures ETF could trigger rally to $168,000

New Bitcoin futures ETF could trigger rally to $168,000

Fundstrat’s team, which previously published a year-end bitcoin price target of $100,000, now says bitcoin’s equilibrium price could spike to as high as $168,000 if the ProShares exchange-traded fund (ETF) that will begin trading on the New York Stock Exchange (NYSE) on Tuesday attracts a serious wave of inflows from investors.

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