First Bitcoin futures ETF in U.S. to debut Tuesday on NYSE, ProShares says
The first bitcoin-linked exchange-traded fund fromFirst Bitcoin futures ETF in U.S. to debut Tuesday on NYSE, ProShares says ProShares will make its debut on Tuesday. The much-anticipated ETF will track the bitcoin futures market and will be traded on the New York Stock Exchange under the ticker BITO, the company said.
By Arghyadeep Dutta
Published - Oct 18, 2021, 06:28 PM ET
Last Updated - Jun 05, 2024, 03:11 AM EDT
• The ProShares Bitcoin futures ETF will start trading on NYSE from Tuesday
• A futures-based ETF won't allow investors to trade Bitcoin directly but is still considered a significant regulatory feat for the crypto industry
• Three other Bitcoin ETFs are expected to launch this month
The first bitcoin-linked exchange-traded fund fromFirst Bitcoin futures ETF in U.S. to debut Tuesday on NYSE, ProShares says ProShares will make its debut on Tuesday. The much-anticipated ETF will track the bitcoin futures market and will be traded on the New York Stock Exchange under the ticker BITO, the company said.
