Buying a Bitcoin Futures ETF Is Not the Same as Buying Bitcoin — and the Difference Could Cost You

    | October 25, 2021

     

    Have you heard about the ProShares Bitcoin Strategy EFT? While this is the closest thing investors have received to a Bitcoin ETF or mutual fund, you will want to ensure you have a full understanding of the fund. Recently, one of our advisors, Andrew Hambleton, spoke with Money.com about the latest digital currency trend and how it may affect the market.

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    The article provided above, and the information contained within, is from a third party source, which we believe to be reliable, however Telemus cannot guarantee the accuracy or completeness of such information, and certain information may have been condensed or summarized from its original source. The author of this article is Mallika Mitra, of Money.com which is owned and operated by an independent third-party. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Telemus Capital. All opinions expressed in this article are for general informational and/or educational purposes. These opinions are subject to change without notice and are not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Telemus Capital does not provide tax, legal or accounting advice, and nothing contained in these materials should be relied upon as such.

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