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Cheddar TV covers launch of the Bitcoin Strategy ProFund

Simeon Hyman, CFA joins Cheddar TV to discuss the launch of the Bitcoin Strategy ProFund. Hyman says the fund is designed to provide investment results that generally correspond to the performance of bitcoin. The fund, BTCFX, eliminates the need to access bitcoin through unregulated exchanges or wallets by principally investing in bitcoin futures contracts. The fund does not invest directly in bitcoin. Learn more about the fund. Watch the clip.