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What is a Bito ETF?

Since ETFs are investment securities that can be bought and sold on an exchange like stocks, the BITO ETF can provide simple, indirect access to this cryptocurrency for retail investors. To track the price of bitcoin, BITO buys bitcoin futures, which are then securitized into a tradeable ETF.

How can I buy shares of Bito (Bito)?

Investors can buy shares of BITO directly through the fund company or through a brokerage. Since ETFs are investment securities that can be bought and sold on an exchange like stocks, the BITO ETF can provide simple, indirect access to this cryptocurrency for retail investors.

What is Bito's strategy to track the price of bitcoin?

To achieve its strategy to track the price of bitcoin, BITO holds bitcoin futures. As of BITO's debut on October 19, 2021, its holdings were nearly 100% Chicago Mercantile Exchange (CME) futures, with less than 1% in Treasury Bills. 1.

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