Seeking Alpha
2021-12-06 15:11:19

BITO: Some Observations About The Leading Cryptocurrency In The Final Month Of 2021

We've seen an incredible year for Bitcoin. The trend remains bullish.The number of new tokens is even more impressive.Cautionary comments from the Senate banking committee - systemic risks rise with the asset class's market cap.BITO is a futures-based ETF product - regulators cannot control the physical market.BITO does an excellent job tracking Bitcoin, but three factors scream danger as we head into 2021.

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