VanEck will join ProShares in launching a bitcoin futures exchange-traded fund (ETF) next week.
The company revealed it had secured approval to launch its bitcoin-linked ETF in a post-effective filing with the U.S. Securities and Exchange Commission (SEC), indicating the SEC has given the company permission to launch its fund after Oct. 23, a Saturday. Trading will begin “as soon as practicable after the effective date,” which suggests Monday, Oct. 25.
VanEck will join ProShares in launching a bitcoin futures exchange-traded fund (ETF) next week.
The company revealed it had secured approval to launch its bitcoin-linked ETF in a post-effective filing with the U.S. Securities and Exchange Commission (SEC), indicating the SEC has given the company permission to launch its fund after Oct. 23, a Saturday. Trading will begin “as soon as practicable after the effective date,” which suggests Monday, Oct. 25.
https://www.coindesk.com/business/2021/10/20/vaneck-to-join-proshares-in-launching-a-bitcoin-futures-etf/
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