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Bitcoin ETFs shouldn’t excite you … yet

FILE – In this Feb. 9, 2021, file photo, the Bitcoin logo appears on the display screen of a cryptocurrency ATM in Salem, N.H. ProShares said Monday, Oct. 18, 2021 it plans to launch the country’s first exchange-traded fund linked to Bitcoin. The ETF with the ticker symbol “BITO” is expected to begin trading Tuesday, barring any opposition from regulators. It’s the latest milestone for Bitcoin and for the ETF industry in general. (AP Photo/Charles Krupa, File) NYPS210 NYPS210

The day is approaching when you will be able to easily diversify your portfolio with widely traded investments based on cyrptocurrency — but that day isn't here yet, writes columnist Chuck Jaffe.

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