Bitcoin Futures ETF Is Coming, No SEC Opposition

Bitcoin Futures ETF Is Coming, No SEC Opposition


All gas, no brakes. That’s the SEC’s sentiment regarding the potential launch of initial Bitcoin futures ETFs that could hit the market as early as next week. After fielding nearly a decade’s worth of crypto ETF applications, it’s without question a landmark moment.

Let’s take a look at what we know, what it means, and what could be in store in the days to come.

Give ‘Em The Green Light

Trending: Did Joe Biden Really Say “I am not your President…Donald Trump is your President”?

According to an initial report from Bloomberg, Bitcoin ETF applications submitted from ProShares and Invesco Ltd. have no substantial hurdles to overcome with SEC deadlines approaching next week. The applications were submitted based on futures contracts and allow for investor protections under the SEC’s mutual fund rules.

Assuming no unexpected delays or obstructions in the

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend