Crypto ETF expert Laurent Kssis, director of CEC Capital, said: “All this is doing is compressing downwards the bitcoin ETF in the U.S. at a much faster rate than in Europe.” Kssis went on to add that XBTF is an actively managed ETF and many investors won’t know how and when the futures are purchased or sold.
Related posts
-
Bitcoin wasn’t mentioned in the Trump v Biden debate. Bitcoin didn’t care
BTC briefly rose to $62,000 — this could be a reflection of how Biden’s stumbles may... -
Blackrock reveals large Bitcoin ETF stake with 43,000 shares
In a recent filing with the SEC, BlackRock’s Global Allocation Fund disclosed its ownership of an... -
Bitcoin miner Bitdeer to launch 570 MW power facility in Ohio
Bitdeer has secured a 30-year lease for land at the Monroe County Port Authority-owned Hannibal Industrial...