What am I investing in when I add a Bitcoin-linked ETF?

Article author
Alexander G.
  • Updated

If you choose to include Bits of Bitcoin in your Acorns Invest portfolio, you’re adding ProShares Bitcoin Strategy ETF. Its ticker symbol is BITO, and it invests in Bitcoin futures.

Investing in Bitcoin futures gives you exposure to Bitcoin by investing in its potential value, without requiring that you own the cryptocurrency itself.

Was this article helpful?

0 out of 0 found this helpful

Have more questions? Submit a request



Article is closed for comments.