ProShares Bitcoin Strategy ETF (BITO) | Bitcoin | BTCUSD | RICH TV LIVE – October 19, 2021 – ProShares Bitcoin Strategy ETF (BITO) is the first U.S. bitcoin-linked ETF offering investors an opportunity to gain exposure to bitcoin returns in a convenient, liquid and transparent way. The Fund seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts. The fund does not invest directly in bitcoin
Hey guys how you doing this is rich from rich tv live and you can join our trading club at richpixdaily.com where you too can learn how to win and trade and build a profitable winning portfolio now today i want to bring you the big breaking news the reason why bitcoin has really been surging in my opinion is there’s a brand new first ever bitcoin etf b-i-t-o
That just launched in america for the first time ever you could see they’ve been as high as 42 today been as low as around 40 just over 40 and they’re currently sitting at 41.32 this is a new bitcoin etf for the first time ever in america so this is very bullish for bitcoin you can see that bitcoin has been surging if we go over to the last let’s say month you
Can see bitcoin has really surged from 39 000 to where it sits today at 63 270 294 63 347 now only a thousand away from its all-time highs and i really believe that this is been a huge catalyst this new bitcoin etf in america the first ever bitcoin etf that has been approved in america ever i think this is the reason why we are seeing bitcoin perform at such a
High level today and this is the reason bito this is the brand new bitcoin etf so if you’re in america or you’re international and you’re looking to invest in bitcoin but you don’t want to have your money in an exchange you’re concerned about security you’d rather buy a stock you can buy the bito brochure pro shares bitcoin strategy etf now at 41.38 and if you
Like me believe that over time bitcoin will go higher then my opinion is that bito will also go higher with the price of bitcoin so this is a way that you can buy and own and hold bitcoin without actually taking any physical security or ownership of bitcoin and having to put it in a wallet or having to put it in exchange which could be risky this is a safer way
For investors to do it this in my opinion is very bullish for bitcoin and the reason why we’ve seen bitcoin make this big move now the cool thing is there’s potentially four bitcoin etfs that will be approved by the end of this month like over the next 10 or so days just for bitcoin alone so that’s three more potential etfs that could be approved in america and
That could be even more bullish for bitcoin so this is the first of many potential etfs there’s been as many as 40 etfs trying to get approval in america this is the first ever bitcoin etf approved in america bito put it on your watch let’s put on your radar if you like these videos smash the like button comment down below share the video everywhere and subscribe if
You’re live i believe this will go up and down with the price of bitcoin you can see bitcoin right now at 63 000 only a thousand away from its all-time highs we go to all-time highs you could see that bitcoin is so close to its all-time highs i can literally circle it we’ll just do uh one year so we’re gonna circle this zone here you can clearly see that bitcoin
Hit all-time highs right here and we’re so close to all-time highs right now so i’m not suggesting you go and buy bito right now but if you believe that bitcoin does go higher with three more potential bitcoin etfs being approved by the end of this month that could be more rocket fuel to add to this rocket so if you believe that the price of bitcoin goes higher
Put b-i-t-o on your watches put on your radar if you like these videos if you like b-i-t-o please comment on the video let me know what you think did you buy b-i-t-o are you thinking about b buying b-i-t-o i haven’t purchased b-i-t-o but i do own two bitcoin etfs that were launched in canada btcc dot b purpose bitcoin etf i own and i also own bt cx dot b everyone
In our trading club knows that i own these two stocks and i’m up very nicely on both i own both big percent big ownership in both and i’m up nicely on both with the price of bitcoin now going up very close to all-time highs and my average price on both is around nine dollars they’re now both approaching close to 12. so congratulations to anyone that got into the
Two bitcoin etfs in canada they’re doing extremely well they’re both up since ipo day when they first opened up bitcoin was actually around 58 000 you could see now bitcoin at 63 000 so both of them have done well they both open up around 10 and they’re both up now and bito first day trading today in america the first ever bitcoin etf the question is where does
It go from here now obviously it’s launching as bitcoin is close to all-time highs so if bitcoin does go down i assume bito will go down but what catalysts are coming next for bitcoin three potential new bitcoin etfs could be opening up by the end of this month which could be rocket fuel for bitcoin bito and the two bitcoin etfs that have been approved in canada
Btcc.b btcx.b that i currently own full disclosure thank you guys for watching if you’re not winning you’re not watching i bring you the winners and i bring them to you first thank you for watching everybody if you’d like to learn how to trade and win you can join our trading club at richpixdaily.com where you can earn free rewards just by being a member or you
Can upgrade and become a vip member and get access to stocks and cryptocurrency trade ideas 24 hours a day seven days a week pre-market during market and after market trade ideas all day every day you’re aboard rich we’re still live at richpixdaily.com and i’m out peace
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ProShares Bitcoin Strategy ETF (BITO) | Bitcoin | BTCUSD | RICH TV LIVE By RICH TV LIVE
