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knowledgehut com in India for experts ✌️【Return】✌️Invest ₹500 in blockchain and watch your profits multiply monthly.Securities and Exchange Commission (SEC)approvedthe ETF on Friday, and several other pending ETF proposals could win approval from the SEC later this week.The ProShares ETF is structured to invest in bitcoin futures contracts traded on the Chicago-based CME, rather than investing in the cryptocurrency directly.So the ETF by itself won’t introduce any new demand for bitcoin.
However, traders might buy more bitcoin as they look to hedge against the futures price or take advantage of pricing disparities.Bradley Keoun is CoinDesk's managing editor of tech & protocols, where he oversees a team of reporters covering blockchain technology, and previously ran the global crypto markets team.
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He started out as a police-beat reporter for the Gainesville Sun in Florida and later worked as a general-assignment reporter for the Chicago Tribune.
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