November 2, 2021, 11:20AM EDT
• 10 min read
Bitcoin ETFs: Futures Become Reality
- The launch of the ProShares Futures ETF marks a turning point in the US regulatory stance towards bitcoin structured products; but is a futures-based ETF really what investors want?
- Approval of a spot bitcoin ETF in the near future remains uncertain as SEC chairman reaffirms the committee’s concerns regarding unregulated exchanges
- Currently, 25 bitcoin ETF applications have been filed with the SEC with 9 decision deadlines set before year-end