VanEck Bitcoin futures ETF to launch on CBOE on Nov. 16

VanEck Bitcoin futures ETF to launch on CBOE on Nov. 16

VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF.

According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF on Nov. 16.

VanEck’s new ETF is joining the growing number of BTC futures-based ETFs launched in the United States, including ProShares’ Bitcoin Strategy ETF, which became the first Bitcoin futures ETF to start trading on the New York Stock Exchange on Oct. 19. Valkyrie’s Bitcoin Strategy ETF started trading on Nasdaq under the BTF ticker in late October.

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CBOE’s listing of XBTF comes just a couple of days after the United States Securities and Exchange Commission

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