US fund managers and exchanges are rapidly developing products to tap into the fever surrounding digital and crypto assets.
Investment capital continues to flood into Bitcoin.
GBTC provides an excellent vehicle to take advantage of Bitcoin’s volatility but without the margin risks of a futures contract, yet still falling within the realm of well-regulated instruments.
It looks like the Bitcoin phenomenon is not going away anytime soon. If anything, it continues to spread. According to Reuters, US fund managers are ramping up efforts to tap into the fever surrounding digital assets. The latest planned Bitcoin products could deliver some head-turning and stomach-turning price movements if they come to the market.
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