Since its debut in October 2021, the United States’ first Bitcoin Futures Exchange-Traded Fund (ETF), ProShares Bitcoin Strategy ETF (BITO.US), has experienced a significant downturn, losing 40% of its value. In contrast, during the same period, the price of gold has risen by over 13%. Lawrence Fuller, the head of The Portfolio Architect, was quick to give BITO a “sell” rating upon its launch. Fuller expressed a preference for gold as a more reliable store of value. His prediction seems remarkablg...
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