Bitcoin Is Doing Something It Has Never Done Before, and It May Lead to Big Gains
In 2021, the first Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) hit the U.S. market. Following the launch, Morningstar analyst Ben Johnson told investors in no uncertain terms, "These aren't the Bitcoin ETFs you're looking for." The problem with that strategy is that price changes in futures contracts do not always mirror price changes in Bitcoin.