The First Bitcoin ETF Is Finally Here, Is It For You?

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ProShares have launched the first Bitcoin ETF - should you own it?

Cryptocurrency, Bitcoin is displayed in front of the Bitcoin course's graph on June 25, 2019 in Paris, France. Bitcoin surpassed the 11,000 dollar mark Monday, Facebook's arrival on the cryptocurrency market with Libra has boosted global interest around the various currencies in circulation. Bitcoin has reached its highest level since March 5, 2018.After months of rumors and attempts from multiple firms, ProShares have launched the the first U.S. Bitcoin ETF this week.

Also, depending on how the futures are traded there is some risk that the way futures prices move don’t exactly mirror the price moves of Bitcoin. Futures and ETFs are both well-established financial instruments, so the overall risks here are low. However, the price of a future not matching the spot price is quite routine for a host of reasons and so if you’re buying the ETF don’t expect your returns to track the Bitcoin price perfectly. Of course, time will tell if this works out in your favor. There may well be times when spot Bitcoin performs better and other times when futures have an edge.

 

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no

I have an idea. 80% increase in shear capacity of concrete slab using ECC concrete with a thickness of 3 cm. I wanted to know who is interested in investing in this idea? the prototype is built and tested(If you know someone who is investing in ideas,please introduce me to them)

cool

CORRECTION.. THE FIRST IN THE U.S. BUUUT ...THE FIRST BITCOIN ETF EVER WAS IN CANADA -- PURPOSE BITCOIN ETF... AHEM!!!

No. The real investor knows that is so much better hodling your crypto in a cold wallet.

$btf

HASH11 is the first...

nice

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