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The First Bitcoin Futures ETF Is Coming Next Week. What Investors Need to Know.


By Daren Fonda

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A Bitcoin futures ETF should be hitting the market Tuesday, marking a milestone for the surging cryptocurrency.

Fund sponsor ProShares appeared to have won regulatory approval late Friday for its Bitcoin Strategy ETF (ticker: BITO). The company filed a “post-effective” registration statement with the Securities and Exchange Commission, and the New York Stock Exchange approved the listing, according to securities filings. The fund is expected to start trading on Tuesday.

The…


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