Bitcoin Futures (/BTC) hit an all-time high last week. BITO was the first crypto ETF on the market. Bitwise Crypto Industry Innovators ETF (BITQ) and Bitwise 10 Crypto Index Fund (BITW) are up more than 25% this month. “A large majority of investors still have zero exposure to crypto even as the market’s early response to BITO suggest ETF optimists were right,” says Katherine Dowling. On the other hand, Jodie Gunzberg says that the problem with these ETFs is that investors think that they are getting bitcoin, but are instead getting Futures, which are contracts that expire. Tune in for the full conversation.
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