Why Mark Cuban Won't Invest in Bitcoin Futures ETF

·5 min read
Why Mark Cuban Won't Invest in Bitcoin Futures ETF

Bitcoin (BTC) hit a new all-time high this week, passing the $65,000 mark for the first time. A large part of the reason for its recent price rise was the successful launch of a Bitcoin Futures Exchange Traded Fund (ETF) on the New York Stock Exchange. The ProShares Bitcoin Strategy ETF (BITO) is the first of several Bitcoin futures ETFs to get the green light from the SEC.

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