Bitcoin ETFs Aren’t New. Here’s How They’ve Fared Outside the US

Bitcoin ETFs Aren’t New. Here’s How They’ve Fared Outside the US
Trading for the first bitcoin futures exchange-traded fund (ETF) approved by the Securities and Exchange Commission (SEC) began this week for U.S. investors, and the cryptocurrency market appears to be rallying around its launch. The ProShares Bitcoin Strategy ETF (BITO) was the first to list on the New York Stock Exchange, with trading starting on Tuesday.However, it’s vital to note what the approved ETF actually looks like and how much potential demand there might be for these products. One way to gauge interest is to see how other ETFs around the world have performed and what investors are actually looking…