SEC Set to Allow Bitcoin Futures ETFs as Deadline Looms

“The US Securities and Exchange Commission (SEC) is reportedly poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading. Unlike Bitcoin ETF applications that the regulator has previously rejected, the proposals by ProShares and Invesco Ltd. are based on futures contracts and were filed under mutual fund rules that SEC Chairman Gary Gensler has said provide significant investor protections.” [Read more]

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