First Bitcoin ETF Debuts at Record Launch
Cryptocurrency history was made on Tuesday, as the first Bitcoin futures ETF made its much-anticipated debut on the NYSE. On its second day of trading, the pro-shares bitcoin strategy ETF ended the day higher at $41.94 above its opening price of $40.88, and slightly below its peak of $42.15. The new ETF gives investors exposure to bitcoin without owning it directly. Tyrone Ross, CEO of Onramp Invest, joins Cheddar News to detail what this means for investors.