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First American ETF Tied to Bitcoin to Launch Tuesday

By: ETF Trends

October 18, 2021 at 10:43 AM EDT

ProShares has announced in a press release their plans to launch the first ETF within the U.S. tied to the largest cryptocurrency, bitcoin, on October 19th. The ProShares Bitcoin Strategy ETF (BITO) comes after years of effort by issuers to have an approval by the SEC of an exchange traded fund...

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First American ETF Tied to Bitcoin to Launch Tuesday