Sunday 8 November 2015

INVESTED IN BITCOIN, EFT NEARLY DOUBLES MONEY SINCE SEPTEMBER

The first exchange-traded fund (EFT) with exposure to cryptocurrency, has almost doubled its money since September after investing in bitcoin, thanks to the virtual currency’s recent price surge, according to Bloomberg News. The overall fund has gained 15% this year, which represents more than 98% of the unleveraged ETFs in the U.S.

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