BITO Turns One, Largest Crypto ETF In The World
b'"BITO was the first U.S. bitcoin linked ETF and it is now the largest cryptocurrency ETF in the world and also is the most heavily traded. The way it works is that we access bitcoin exposure through the Futures market and has demonstrated the ability to closely track spot bitcoin price. Even in this volatile year, there are investors that are buying and holding crypto. We know that blockchain applications will not go away and bitcoin is the first and the largest," says Simeon Hyman.'