ProShares Bitcoin Strategy ETF (BITO)
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Grayscale Investments said on Tuesday that it has formally applied with the Securities and Exchange Commission to convert its Grayscale Bitcoin Trust into an exchange-traded fund that is pegged directly to the world's No. 1 digital asset rather than focus on creating a futures-linked ETF. The announcement comes as The ProShares Bitcoin Strategy ETF began trading on Tuesday under the ticker "BITO" on the New York Stock Exchange as a futures-linked ETF, which is being hailed as a major milestone i
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