Why the ProFunds Bitcoin Futures Mutual Fund Matters for a Bitcoin ETF
September 01, 2021 at 04:00 AM EDT
ProFunds launched the Bitcoin Strategy ProFund (BTCFX) at the end of July, the first of its kind publicly available mutual funds or ETFs in the U.S. to give investment results that correspond to bitcoin’s performance. The fund allows the incorporation of bitcoin exposure into a portfolio and...