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Simply Explained: What is a Bitcoin ETFA spot bitcoin exchange-traded fund (ETF) is an investment vehicle that allows ordinary investors exposure to the price moves of bitcoin in their regular. BITO is the first U.S. exchange-traded fund that seeks to correspond to the performance of bitcoin. BITO invests in bitcoin futures and does not invest in. Bitcoin futures exchange-traded funds (ETFs) are pools of Bitcoin-related assets offered on traditional exchanges by brokerages to be traded as ETFs.
