Bitcoin ETF? Are you serious?

Wow!

This is the first time in history that an ETF, backed by $Bitcoin(BTC.CC)$ futures, is now available for trading.

On its first day of trading, it attracted more than USD 570 million, which is 28.5 times of its USD 20 million seed capital.

Congratulations, ProShares, the $ProShares Bitcoin Strategy ETF(BITO.US)$ sponsor who come out with such an innovative product.