The U.S. Securities and Exchange Commission has accepted the registration request for ProShares’ Bitcoin Strategy ETF, with the shares to be listed on the New York Stock Exchange’s Arca.
According to an Oct. 15 notice from the Securities and Exchange Commission, or SEC, the agency has accepted the registration of securities from ProShares Trust’s Bitcoin (BTC) Strategy exchange-traded fund, which offers exposure to the crypto asset with futures contracts. In addition, ProShares filed a post-effective amendment prospectus, which states its ETF could launch as early as Oct. 18.
The assets will be listed on the NYSE Arca should the SEC officially approve the application. Bloomberg analyst James Seyffart reported that ProShares Bitcoin Strategy
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