Bitcoin ETFs: Futures Become Reality
Quick Take
- The launch of the ProShares Futures ETF marks a turning point in the US regulatory stance towards bitcoin structured products; but is a futures-based ETF really what investors want?
- Approval of a spot bitcoin ETF in the near future remains uncertain as SEC chairman reaffirms the committee’s concerns regarding unregulated exchanges
- Currently, 25 bitcoin ETF applications have been filed with the SEC with 9 decision deadlines set before year-end
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Author: Lucas Jevtic
