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Bitcoin's ETF opens the floodgates for more

Added 10-23-21 01:04:02pm EST - “Bitcoin ETFs, once considered a pipe dream, are now a reality giving investors more avenues to invest in cryptocurrency.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Bitcoin's ETF opens the floodgates for more”. Below is an excerpt from the article.

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ProShares global investment strategist Simeon Hyman shares details on launching the first public Bitcoin futures ETF.

After months of kicking around at the Securities and Exchange Commission, regulators finally pulled the trigger, approving ProShares Bitcoin Strategy ETF, which began trading on Tuesday.  

"Putting together a belt and suspenders approach of the regulated futures market and a regulator ETF really provides a robust solution for investors and one they can just put in their brokerage account, trades like a stock," ProShares Global Investment Strategist Simeon Hyman said during an interview on FOX Business’ ‘The Claman Countdown.’  

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