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Last week’s launch of the first U.S. bitcoin futures ETF, the ProShares Bitcoin Strategy ETF (BITO), was the most successful launch in ETF history. Financial Life Advisor, Andrew Hambleton, spoke with ETF.com about being hesitant to invest in bitcoin futures ETFs in spite of a growing share of clients becoming interested in cryptocurrency.
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 Jessica Ferringer, of ETF.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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