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A New Bitcoin ETF Is Risky—and Declares It. A Scary Warning.

Por: MarketWatch Business June 29, 2023

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That the product exists at all comes as a shock to many fund watchers. The Securities and Exchange Commission in 2021 allowed the first Bitcoin-linked product, (BITO), to come to market. The fund, which invests in futures, quickly accumulated a billion dollars in assets. However, the agency has by fund companies to launch ETFs that hold spot Bitcoin, citing insufficient surveillance for fraud on crypto trading platforms. The SEC also recently  ... + full article



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