Bitcoin futures ETF will likely be delayed until 2022 says research firm CFRA

Bitcoin futures ETF will likely be delayed until 2022 says research firm CFRA


Crypto asset investors may have a longer wait for a Bitcoin futures exchange-traded product according to Todd Rosenbluth, the senior director of ETF and mutual fund research at research firm CFRA.

Speaking on CNBC’s “ETF Edge” on Oct. 12, Rosenbluth stated that while a Bitcoin futures product is likely to be the first crypto ETF to gain approval, he cautioned that the current clouded regulatory situation could cause further delays.

There are more than 20 crypto asset-based exchange-traded products waiting for Securities and Exchange Commission approval, and the regulator is yet to pass any, instead kicking the can down the road on multiple occasions.

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The researcher suggested that regulators could be waiting for all of these products to meet their goals so that they can be approved at

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