VanEck Bitcoin Futures ETF ‘XBTF’ Launches on CBOE Exchange

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“All this is doing is compressing downwards the bitcoin ETF in the U.S. at a much faster rate than in Europe,” said crypto ETF expert Laurent Kssis, director of CEC Capital. He went on to add that XBTF is an actively managed ETF and many investors won’t know how and when the futures are purchased or sold.