First Trust Launches First Bitcoin Strategy ETF

Blockbeats04-04

BlockBeats News, April 4th, First Trust launched the first Bitcoin Strategy ETF. First Trust is a well-known asset management company in the United States, focusing on providing a diverse range of investment products and services, mainly known for exchange-traded funds (ETFs), mutual funds, unit investment trusts (UITs), and other structured investment products.

The Bitcoin Strategy ETF is an exchange-traded fund (ETF) designed to provide investors with exposure to Bitcoin price movements through a specific investment strategy. This type of ETF typically achieves its objective by investing in Bitcoin-related financial instruments (such as futures contracts, options, or other derivatives) rather than directly purchasing and holding Bitcoin spot.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment