The ProShares ETF is structured to invest in bitcoin futures contracts traded on the Chicago-based CME, rather than investing in the cryptocurrency directly. So the ETF by itself won’t introduce any new demand for bitcoin. However, traders might buy more bitcoin as they look to hedge against the futures price or take advantage of pricing disparities.
Shiba Inu (SHIB) Reaches Unprecedented Milestone: Details
Shiba Inu has reached an unprecedented milestone as the SHIB network keeps growing. The past month saw remarkable growth in...