News > Proshares Bitcoin-futures ETF starts trading in watershed moment

Proshares Bitcoin-futures ETF starts trading in watershed moment

Business Standard | 19/10/2021 10:54 PM | Click to read full article

After years of delays and setbacks, the first Bitcoin-linked exchange-traded fund in the U.S., the ProShares Bitcoin Strategy ETF, made its debut Tuesday, marking a watershed moment for the crypto industry.

It has been long-awaited by both the crypto community and investors on Wall Street, many of whom have argued for years that a Bitcoin-centric exchange-traded fund has been overdue.