ProShares Bitcoin Strategy ETF, managed by ProShare Advisors LLC, is a unique investment fund that focuses on the cryptocurrency market, specifically bitcoin. Instead of buying bitcoin directly, it invests in bitcoin futures and other derivatives, aiming to mirror the performance of the Bloomberg Galaxy Bitcoin Index. Launched in October 2021, this ETF offers investors a way to gain exposure to bitcoin's price movements without owning the cryptocurrency outright, all within a traditional investment account.

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