Things To Look Out For Before Buying Proshares Bitcoin Future ETF
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❌ This ETF does not mirror values of the digital currency because it tracks the price of future contracts
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❌ Digital currencies is a speculative asset and betting on prices of futures contracts can be unpredictable (volatility of bitcoin paired with futures contracts is like going to Genting 😂)
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❌ Bitcoin’s value comes from supply and demand. Because of this, it forms an unstable and unpredictable group of market participants.
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In conclusion, only invest in this IF you have some spare cash lying around and you want to test test water.
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