The first bitcoin futures ETF in the U.S. is set to begin trading in the week ahead (Sort of)

CNBC ^ | October 15, 2021 | Jesse Pound

[aMorePerfectUnion]

Key Points

The ProShares Bitcoin Strategy ETF, which will give exposure to bitcoin futures contracts but not the spot market, will trade under the ticker “BITO.” The Securities and Exchange Commission had not formally approved the creation of bitcoin futures ETF as of Friday afternoon and the agency may never make a formal declaration of approval for it. The proposed date for the listing is Monday, according to the new filing, but that doesn’t necessarily mean that’s when it will begin trading. That could come later in the week.

[gnarledmaw]

Add to both please

[aMorePerfectUnion]

You are double-in!!

[GunRunner]

Why do you care so much if you don’t understand it? Jeez, only leftists obsess so much over what other people do with their money.

[oldbill]

I am only trying to free you from your block chains!

(And after you or one of your Bitcoin cultists come up with a comprehensible explanation of bitcoins, clue us Mensa types in on that blockchain nonsense.)

[GunRunner]

So you don't even understand how a blockchain works? How can a Mensa member not understand a peer to peer ledger? I can see how various cryptocurrencies might be confusing to the average person like you, but the blockchain concept has been around for 40 years, and Bitcoin has been around for a decade.

You sound like my mother in law who still doesn't understand how the Internet works.

"Packets?! What's this protocol nonsense? The Internet's a scam! It's where criminals steal your bytes!!"