The New York Stock Exchange is moving to list funds linked to bitcoin futures.
5 proposed ETFs would multiply the returns (and losses) of the underlying market. It might just be the most hair-raising crypto play so far.
This follows on from CME and Cboe’s introduction of bitcoin futures last year. Further proof that big financial institutions are itching to get in on the crypto mania.
With Bitcoin up 26% since the start of the year, having roared up by more than 1,300% last year, it’s easy to see why.
Meanwhile, as the City and Wall Street finally wake up to the reality of the crypto revolution, my readers have diversified their portfolios to include my no. 1 crypto pick. And it’s not bitcoin.
This ‘crypto underdog’ is set to blow bitcoin out of the water.
With potential returns like that, you don’t need to stake your life savings.
In fact, I strongly advise against it. But if you’ve got money you won’t lose sleep over and a stomach for risk… this could be the market for you.
But if you’re going to jump into a brand new asset class, you want someone on your side.
Someone who’s been in the game since it began, constantly analysing market trends, pointing you in the direction of the next bitcoin.
In other words, me.
One of my readers made a million in seven weeks.
Southbank Investment Research