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The first Bitcoin ETF debuts: What's your thought?
On Tuesday, the first Bitcoin ETF in human history is set to debut, start trading at $40 per share. Investors are now able to buy and sell c もっと見る
On Tuesday, the first Bitcoin ETF in human history is set to debut, start trading at $40 per share. Investors are now able to buy and sell cryptos without opening a cryptocurrency wallet. The Bitcoin ETF(BITO) will invest mainly in bitcoin futures contracts, instead of directly holding Bitcoin, which might cause some deviation while holding this ETF.
After 3 months of struggle, bitcoin hit back above US$62,000 on Tuesday, just $300 before hitting all-time high, doubling from the lows below US$29,000 in July.
What's your thought on the first Bitcoin ETF? A boon or a bane?

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