SEC reportedly knocks back Valkyrie’s leveraged Bitcoin ETF
The SEC does not appear to have the appetite for more exotic Bitcoin futures products. Go to Source Powered by WPeMatico
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The SEC does not appear to have the appetite for more exotic Bitcoin futures products. Go to Source Powered by WPeMatico
On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as BTF started the day above … Read more
The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures ETF launch is approved to be listed after October 23. Vaneck’s Bitcoin … Read more
The asset manager could be the first to follow ProShares, which listed its Bitcoin Strategy ETF on the New York Stock Exchange on Monday. Go to Source Powered by WPeMatico
Three new crypto ETNs are now live on Deutsche Boerse, following previous ETN listings on BTC, ETH, BCH and LTC. Go to Source Powered by WPeMatico
It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days. Go to Source Powered by WPeMatico
The latest two filings bring the total number of ETF applications this year to 23. Go to Source Powered by WPeMatico
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August 10, the wealth manager Vaneck filed an application with the SEC … Read more
SEC chair Gary Gensler recently hinted he would be more open to accepting ETFs based on crypto futures rather than through direct exposure. Go to Source Powered by WPeMatico
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise in Crypto Exchange History FTX … Read more