Bitcoin’s True Believers Scorn ETFs While Welcoming Validation

Despite the hoopla over the debut of the first Bitcoin-linked ETF, tried-and-true crypto enthusiasts aren’t planning on buying shares anytime soon. The launch of the ProShares Bitcoin Strategy exchange-traded fund on Tuesday was a milestone for the asset-management industry, integrating Bitcoin further into mainstream finance. Wealth-management companies that didn’t offer clients the ability to buy crypto […]