Another ETF Buys Bitcoin Futures, Cites Potential for ‘Significant’ Returns
The US-listed exchange-traded fund (ETF) WisdomTree Managed Futures Strategy Fund (WTMF) has added an allocation of approximately 1.5% to bitcoin (BTC) futures, citing the potential for “significant” returns uncorrelated...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The US-listed exchange-traded fund (ETF) WisdomTree Managed Futures Strategy Fund (WTMF) has added an allocation of approximately 1.5% to bitcoin (BTC) futures, citing the potential for “significant” returns uncorrelated with the broader market.
The fund’s allocation has been made in the form of regulated bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME), which is the same bitcoin derivative instrument that backs all US-listed bitcoin ETFs....
Read More: Another ETF Buys Bitcoin Futures, Cites Potential for ‘Significant’ Returns
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
US government moves another $1 billion in Bitcoin as BTC slides $4,000
US government-linked wallets moved over $1 billion in Bitcoin on Oct. 8 as BTC prices fell and more coins reached Coinbase Prime....
OSL Brings A USDGO Market-Neutral Fund On-Chain For Hong Kong Investors
TL;DR: OSL Group has tokenized the USDGO Plus SP fund on-chain and is providing custody and distribution through its licensed Hong...
Live updates: XRP ETFs the only ones in green as BTC, ETH, ZEC funds post outflows
Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after...
AI may be keeping Bitcoin’s biggest macro headwind alive after the Fed stops hiking
Bitcoin faces a new macro headwind from the artificial-intelligence boom as massive infrastructure spending competes for long-term...
Bitcoin ETFs Bleed $484.9 Million As BlackRock Leads A Broad Day Of Outflows
TL;DR: US spot Bitcoin ETFs recorded $484.9 million in net outflows on October 7, according to Farside Investors. BlackRock’s IBIT...
Bitcoin (BTC) Price Today: $81.1K Becomes Critical as Traders Eye Double-Bottom Setup
Bitcoin recently climbed above $85,000 before encountering renewed selling pressure. Glassnode’s latest Week On-Chain report shows...