Moneycontrol PRO
you are here: HomeNewsOpinion

Bitcoin back in risk-on mode after ETF launch

The ETF will bring more retail investors into the market, including Indian investors, who can now buy the ETF provided they have an account with an international broker.

October 22, 2021 / 09:28 AM IST
Bitcoin back in risk-on mode after ETF launch

Bitcoin | Representative image

  The launch of the first Bitcoin futures exchange-traded fund (ETF) is being termed a red-letter day by the crypto enthusiast, and rightly so. The US SEC permitting a fund to launch an ETF based on the future price movement of a cryptocurrency is just one step away from accepting the underlying currencies as an asset class. The first bitcoin-based exchange-traded fund, called the ProSharesBitcoin Strategy ETF, was launched on the New York Stock Exchange on October 19, 2021. BITO, as...

  • PRO Panorama

    Moneycontrol Pro Panorama | New COVID variant gives market a heart attack

    Nov 26, 2021 / 04:18 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Market swoons, the mutating virus, LIC IPO, RIL’s clean energy bet, the Weekly Tactical, the Immunity Tracker, the Ola EV hype and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers