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cryptonews
2022-01-06 16:00:00

Another ETF Buys Bitcoin Futures, Cites Potential for ‘Significant’ Returns

Another ETF Buys Bitcoin Futures, Cites Potential for ‘Significant’ Returns

The US-listed exchange-traded fund (ETF) WisdomTree Managed Futures Strategy Fund (WTMF) has added an allocation of approximately 1.5% to bitcoin (BTC) futures, citing the potential for “significant” returns uncorrelated with the broader market. The fund’s allocation has been made in the form of regulated bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME), which is the same bitcoin derivative instrument that backs all US-listed bitcoin ETFs....Read More: Another ETF Buys Bitcoin Futures, Cites Potential for ‘Significant’ Returns

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