What the launch of bitcoin futures ETFs means in the quest for a bitcoin spot ETF
Quick Take
- The first bitcoin-based ETFs have finally launched in the U.S. — but they are tied to bitcoin futures, not bitcoin itself.
- Why are regulators happy to allow futures ETFs but not bitcoin spot ETFs? And what does this mean for issuers still hoping to launch spot ETFs?
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Author: Aislinn Keely
