📈 Cryptocurrencies surged after a federal appeals court ruled in favor of Grayscale Investments, allowing the company to convert its Bitcoin Trust into an ETF over objections from the SEC. This decision marks a significant win for the crypto industry and pushes for greater mainstream exposure to digital assets. Here are Top 5 Bitcoin ETFs to consider:
📈 ProShares Bitcoin Strategy ETF (BITO)
* Assets under management: Around $1 billion
* Investing strategy: Actively managed fund seeking capital appreciation through transparent exposure to Bitcoin futures contracts.
📉 ProShares Short Bitcoin ETF (BITI)
* Assets under management: Varies
* Investing strategy: Inverse performance of Bitcoin’s daily performance using S&P CME Bitcoin Futures Index.
📊 VanEck Bitcoin Strategy ETF (XBTF)
* Assets under management: Varies
* Investing strategy: Actively managed fund investing in BTC futures, assets in Treasuries, and cash.
💰 Valkyrie Bitcoin Strategy ETF (BTF)
* Assets under management: Varies
* Investing strategy: Actively managed, investing in Bitcoin futures contracts and holding remaining assets in securities and bonds.
🌐 Global X Blockchain & Bitcoin Strategy ETF (BITS)
* Assets under management: Varies
* Investing strategy: Actively managed, splitting holdings between Bitcoin futures contracts and indirect holdings in blockchain companies.
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