Today news
About the same in other media
Third US bitcoin futures ETF launches after weeks-long delay
Reading now: 351
livemint.comVanEck’s Bitcoin futures ETF finally launched Tuesday after a multiweek wait and a rejection from U.S. regulators for a physically-backed product.
The VanEck Bitcoin Strategy ETF (ticker XBTF) began trading with a management fee of 0.65%, the lowest expense ratio among the three such funds available, according to a press release. VanEck’s ETF had been expected to debut in October, but heavy demand for the ProShares Bitcoin Strategy ETF (BITO) -- one of the most successful debuts of all time -- stretched capacity among futures commission merchants, according to a person familiar with the matter.
The launch comes days after the U.S. Securities and Exchange Commission rejected the firm’s proposal for an ETF that would directly hold Bitcoin.
Read more on livemint.comAbout this in other media
El Salvador's dollar debt dives on Bitcoin bond plans cointelegraph.com /2 years ago
Invesco exec reveals reasons for dropping Bitcoin futures ETF cointelegraph.com /2 years ago
El Salvador plans $1 billion in tokenised Bitcoin bonds economictimes.indiatimes.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
