Q&A: BITCOIN'S MASSIVE RISE AND WHAT COMES NEXT
AppleMagazine|AppleMagazine #481
The digital currency Bitcoin rocketed to a record high last week above $40,000 a coin.

This comes after the currency languished for two years, plummeting from the previous high of $19,000 reached back in December 2018, when Bitcoin was subject to another round of media hype and investor interest.

Mike Venuto is co-portfolio manager for the Amplify Transformational Data Sharing ETF, a $391 million fund that focuses on companies that trade and develop uses for Bitcoin and other digital currencies, as well as the technology behind the currency, known as the blockchain.

He spoke to the press about Bitcoin’s recent rise and what’s different this time for the currency:

Q: Tell us a little bit about the fund.

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