What Are Bitcoin Exchange-Traded Funds: All You Need To Know

The first Bitcoin futures exchange-traded fund (ETF) was launched at the New York Stock Exchange in October this year. While Bitcoin ETF is backed by real Bitcoin, Bitcoin futures ETFs are backed by futures contracts. ETFs are regulated financial products that represent a wide range of assets. Given the growing popularity of ETFs and Bitcoins, it was only a matter of time when the two spheres would meet. A Bitcoin ETF allows people t...