The red-hot new bitcoin ETF could get too big for its own good and warp the futures market, JPMorgan says

cryptocurrency 1 month ago
The ProShares Bitcoin Strategy ETF saw a surge in inflows when it launched last week, making it the fastest ETF ever to reach $1 billion in assets. But the futures-based ETF has a big flaw that could lead to lower returns for its investors if assets in the fund grow too large, JPMorgan said in a …
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