//New 'insane' ETF proposal for bitcoin generates worry on Wall Street

New 'insane' ETF proposal for bitcoin generates worry on Wall Street



Direxion Asset Management is looking to launch five bitcoin ETFs that seek up to double the moves of the cryptocurrencies daily futures trading. One Wall Street strategist said approving the funds would be “insane,” while another called the proposals “eye-watering.” However, some believe the …

Source: New ‘insane’ ETF proposal for bitcoin generates worry on Wall Street