Bitcoin ETF Hype Threatens Another Sell-The-News Fizzle
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Summary:(Bloomberg) -- The best argument in favor of approving new Bitcoin exchange-traded funds is that they already exist, tracking futures. Sadly for the crypto crowd, that’s also the best argument for why nobody needs a new one.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillUS Plans Narrow China Tech Investment Limits, Likely by 2024Singapore House Speaker Resigns in New Blow to Ruling PartyTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes GlobeDollar’

(Bloomberg) -- The best argument in favor of approving new Bitcoin exchange-traded funds is that they already exist, tracking futures. Sadly for the crypto crowd, that’s also the best argument for why nobody needs a new one.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillUS Plans Narrow China Tech Investment Limits, Likely by 2024Singapore House Speaker Resigns in New Blow to Ruling PartyTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes GlobeDollar’

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