ProShares Bitcoin Strategy ETF, the first bitcoin ETF was launched on October 19, 2021. What is Bitcoin? Why do people buy bitooin? Does ProShares Bitcoin Strategy ETF actually hold bitcoln? How does this ETF offer investors an opportunity to gain exposure to bitcoin? One thing to be noted is that Bitcoin futures, like 88P500 index futures, are cash settled, meaning when the contracts expre, traders get or pay cash, rather than a physical delivery of the Bitcoin. As Bitcoin and other cryptocurrencies do not generate cash flows, do you consider them investments or speculation