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ETF Specialist

Bitcoin ETFs: Should You Jump on the Bandwagon?

Bitcoin believers have better options.

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Even as the first bitcoin-tracking exchange-traded fund pulled in buckets of money, ProShares Bitcoin Strategy ETF (BITO) was showing why funds of its kind are a bad deal for investors.

Ben Johnson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.