Bitwise Launches Bitcoin-Linked ETF
March 21, 2023 at 12:00 PM EDT
Bitwise Asset Management launched the Bitwise Bitcoin Strategy Optimum Roll ETF (NYSE Arca: BITC), a bitcoin-linked ETF designed specifically for long-term investors. The fund does not invest directly in bitcoin but instead provides directional exposure to bitcoin through regulated futures contracts. It also seeks to maximize potential roll returns through a selective analysis of bitcoin futures beyond front- or near-month contracts.