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BITO - First US Bitcoin Futures ETF Trading On NYSE: Key Things To Know
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ndtv.comThe incredible rise of cryptocurrency, especially the interest in Bitcoin, is captivating. The cryptocurrency market has grown by leaps and bounds when most other investment destinations struggled. That sentiment gradually changed and investors showed courage in parking their money in investment tools. This allowed cryptocurrency to flourish. The next advance in this is coming in the form of cryptocurrency-linked exchange-traded funds, or ETFs, a type of security that tracks an index, sector, or commodity, but which can be purchased or sold on a stock exchange in the same way a regular stock can be.
In a landmark moment for cryptocurrency, the first-ever Bitcoin ETF in the US started trading at the New York Stock Exchange (NYSE) in October.
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