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Questions tagged [bito fund]

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TaekwondoMasterStrength TaekwondoMasterStrength Wed Dec 18 2024 | 6 answers 1040

What is BITO fund?

BITO fund, or ProShares Bitcoin Strategy ETF, is the first cryptocurrency ETF allowed by the U.S. Securities and Exchange Commission to be traded in the U.S. It does not hold physical BTC but invests in Bitcoin futures contracts, providing investors with exposure to bitcoin price movements without directly holding the cryptocurrency.

What is BITO fund?

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