More News On The Bitcoin ETF Front - Two ETFS Based On Bitcoin Price Movement Might Happen

Bitcoin has been tying to get an ETF going for some time now. There were previous attempts that didn't pan out because, as I read, there was a concern that the bitcoin market was too easy to manipulate. But as the price is continuing to go up and more and more people are getting interested in crypto, there is another attempt to get a Bitcoin ETF going. The difference for this one is that is based on the movement of the price of Bitcoin and not Bitcoin it self. One of the ETF is for a Bitcoin short. This might be easier to pass.

An ETF would allow bitcoin to be traded on the market which could bring a lot of new money into the world. Crypto still has a line between traditional investing and this could help to fade it out. When you can buy bitcoin on the market as you could buy gold, that might bring in a lot of investors who were hesitant about the coin. This is only on price but still could be a positive step.

Here is the link:

https://www.etftrends.com/rex-shares-takes-a-stab-at-bitcoin-etfs/

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