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Traders celebrate Bitcoin's impending ETF, but options markets are less certain
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The United States Securities and Exchange Commission, or SEC, is expected to rule on Oct. 18 whether to approve an application from asset manager ProShare Capital Management for a Bitcoin exchange-traded fund (ETF).
As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator is more inclined to approve indirect-exposure Bitcoin futures ETFs under the Investment Company Act of 1940.
On Oct.15, the Nasdaq Stock Market certified the registration of Valkyrie's Bitcoin Strategy ETF shares for listing. The deadline for the SEC to officially approve Valkyrie's ETF application is Oct. 25, but this could be extended to Dec. 8.
Two weeks ago, it would have been a daunting task to find an investor willing to
Read more on cointelegraph.comAbout this in other media
Analyst says Bitcoin futures ETF ‘better than nothing, but ‘not as good as’ spot ETF ambcrypto.com /3 years ago
Too popular: Bitcoin futures ETF in danger of hitting upper limit for contracts cointelegraph.com /3 years ago
Cryptocurrency Prices Today: Bitcoin down 0.53%, price above Rs 48 lakh on October 22 moneycontrol.com /3 years ago
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