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Bitcoin jumps as ProShares' ETF to debut on NYSE


Bitcoin jumps as ProShares' ETF to debut on NYSE



Rather than investing in Bitcoin directly, the ProShares Bitcoin Strategy ETF will offer investors the ability to gain exposure to returns of the world's largest cryptocurrency by investing in bitcoin futures contracts through a brokerage account.

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Ripple CEO slams Strategy's financial model as STRC stock plunges 26% below par value.

This situation signals risks for investors in similar Bitcoin treasury strategies and highlights a broader debate in crypto about utility ...

 
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