cryptonews
2022-01-06 16:00:00

Another ETF Buys Bitcoin Futures, Cites Potential for ‘Significant’ Returns

The US-listed exchange-traded fund (ETF) WisdomTree Managed Futures Strategy Fund (WTMF) has added an allocation of approximately 1.5% to bitcoin (BTC) futures, citing the potential for “significant” returns uncorrelated with the broader market. The fund’s allocation has been made in the form of regulated bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME), which is the same bitcoin derivative instrument that backs all US-listed bitcoin ETFs....Read More: Another ETF Buys Bitcoin Futures, Cites Potential for ‘Significant’ Returns

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.