We have better ways to gain our exposure to bitcoin, and here we’ll look at why a bitcoin futures ETF has drawbacks even as compared to a spot ETF. Jeftovic is the CEO of easyDNS and author of The Crypto Capitalist Letter. with the Securities and Exchange Commission (SEC) approving ProShares’ Bitcoin Strategy ETF (BITO), and a string of others is expected to follow.Īs I’ve told subscribers to my Crypto Capitalist Letter, the short answer is no. Bitcoin futures exchange-traded funds (ETFs) have arrived in the U.S.
