BITO is structured to invest in bitcoin futures contracts traded on the Chicago Mercantile Exchange, rather than investing in the cryptocurrency directly, which is one reason why some analysts don’t expect the fund to have a significant impact on BTC’s spot price. www.coindesk.com
BITO is structured to invest in bitcoin futures contracts traded on the Chicago Mercantile Exchange, rather than investing in the cryptocurrency directly, which is one reason why some analysts don’t expect the fund to have a significant impact on BTC’s spot price.
www.coindesk.com