The flagship digital currency has enjoyed a strong week boosted by several contributing factors.
Bitcoin itself doesn’t generate any income. Yet a growing number of Bitcoin-linked ETFs distribute sizable amounts of cash to shareholders. The oldest and perhaps best-known example is the ProShares Bitcoin Strategy ETF (BITO). Launched in October 2021, BITO was the first U.S.-listed Bitcoin ETF and represented a workaround before the SEC approved spot Bitcoin ETFs ... How ProShares Bitcoin Futures ETF Has Paid a 50 Percent Distribution in the Past Year Without Touching Covered Calls
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