Discover and read the best of Twitter Threads about #BITO

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Biggest issue in #Crypto is #BITO. People need to know that BITO is a TROJAN HORSE. An important thread, please share:
#BitcoinTrojanHorse #CryptoTwitter #CryptoNews
BITO has nothing to do with owning or demand for #BTC and in my view is 100% deceptive.
It is a Wall St casino product that is a futures bet on the BTC price appreciation for the next 30 days
Read 11 tweets
Today is another historic milestone for #Bitcoin and the #crypto ecosystem with the listing of the first Bitcoin #ETF in the US.

What is the importance of this new Bitcoin ETF and what may be it’s impact?

Time for a thread 🧵
Today the Pro Shares Bitcoin Strategy ETF was listed on the NYSE under ticket #BITO

This is a moment the crypto ecosystem has been waiting for many years.
Is it the first Bitcoin ETF?

In the US, yes.

Globally no.

There are already many Bitcoin ETFs in #Canada for example and many other ETNs/ETPs in Europe and elsewhere.
Read 15 tweets

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