Last week, ProShares went live with a mutual fund tracking bitcoin futures, the Bitcoin Strategy ProFund (BTCFX). Gensler did not comment on the many bitcoin ETF applications that do not own bitcoin futures but instead seek to own bitcoin directly. Gensler may be attempting to distingui...
ProShares has publicly launched the first short bitcoin-linked ETF in the United States. The ProShares Short Bitcoin Strategy ETF (NYSE Arca: BITI) provides a way for investors to potentially profit from a decline in the price of bitcoin or hedge their c