The future of cryptocurrencies is uncertain, but the interest in it, which is growing year by year, makes it clear that it is no longer a niche topic. Especially since today, October 19, you can officially invest in the king of crypto in one of the largest business institutions in the world. All because the New York Stock Exchange has accepted Bitcoin.
This means that Bitcoin entered the New York Stock Exchange for the first time, allowing investors to invest in this cryptocurrency without owning it directly, because through conventional brokerage accounts.
Also read: The most ridiculous news about cryptocurrency trading you will read. Hamster is a better trader than funds
As reported by The New York Times, ProShares has launched an ETF fund on the New York Stock Exchange, which is related to Bitcoin futures.
Also read: How to get around the LHR restriction? It is enough to mine two cryptocurrencies
In an interview with the magazine, the CEO of ProShares said that “2021 will be remembered for this milestone”, giving investors “convenient access to Bitcoin”. This is an important step for all cryptocurrencies, as for a decade entrepreneurs and traditional financial companies have been trying to get permission to run a Bitcoin ETF in the United States. Most of their applications are constantly delayed or rejected.
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