What is the Global X blockchain & Bitcoin strategy ETF (bits)?
Could you elaborate on the Global X blockchain and Bitcoin strategy ETF, also known as BITS? I'm curious to understand its investment objectives, the types of assets it holds, and how it aims to capture growth in the rapidly evolving blockchain and Bitcoin landscape. Is this ETF suitable for long-term investors? What kind of risks are associated with it? How does it differ from other cryptocurrency-focused investment vehicles? I'd appreciate a concise yet comprehensive overview of its strategy and performance.