First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows -Breaking
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© Reuters. (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF).
As NotedHolger Zschaepitz, market commentator on December 29, stated that the ProShares Bitcoin Strategy ETF(BITO) trades at almost 30% lower than its initial price.
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