Bitcoin (BTC) hit a new all-time high this week, passing the $65,000 mark for the first time. A large part of the reason for its recent price rise was the successful launch of a Bitcoin Futures Exchange Traded Fund (ETF) on the New York Stock Exchange.
But billionaire crypto enthusiast Mark Cuban says he won’t invest in the new ETF. The reason? He’d rather buy Bitcoin directly.
Related stories:
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Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest (Yahoo Finance)
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What the coming Bitcoin-futures ETF bonanza means for investors (FintechNews)
