ÐIGITΛL ΛSSΞTS EÐUCΛTION LLC: 60Bb Fund Pro Shares Launches Bitcoin Mutual Fund

Wednesday, July 28, 2021

60Bb Fund Pro Shares Launches Bitcoin Mutual Fund

BREAKING – $60 billion fund manager @ProSharesETF has launched the first-ever #Bitcoin mutual fund.

The fund opens $BTC to an investment method "tens of millions of investors are familiar with" pic.twitter.com/1JkX4DkBkN
— Bitcoin Magazine (@BitcoinMagazine) July 28, 2021

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What Is Bitcoin BTC?

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.