It's Here: Bitcoin Futures ETF to Begin Trading
The Breakdown
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Bit Coin Futures E T F - The First to Begin Trading
The first bit coin futures e t f will begin trading to morrow on the new york stock exchange. The pro shares fund is lingkthed to futures traded on the c m e, the chicago mercantile exchange and will trade under the ticker b i t o. B i t o will open up exposure to bit coin to a large segment of investors who have a brokerage account but do not want to go through the hassel and learning curve of establishing another account with a crypto currency provider. Open interest in bit coin futures markets shot to new all time hies.
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