ProShares Bitcoin Futures ETF To Launch On New York Stock Exchange Tuesday

ProShares is set to launch a Bitcoin futures exchange-traded fund (ETF) on the New York Stock Exchange tomorrow, in what can be a primary for institutional buyers within the U.S., in accordance to a brand new report by the New York Times.

The ETF will present institutional buyers and retail buyers publicity to Bitcoin, who couldn’t legally or wouldn’t maintain the asset in any other case, by way of a brokerage account. Of observe, the SEC won’t announce the approval formally, although as a result of they haven’t opposed it forward of the deadline, the Tuesday launch will proceed, the report mentioned.

Source link

Latest news

Crypto’s journey to going green; the IMPT project

Join Our Telegram channel to keep up to date on breaking information protection Since their debut ten years in the...

Public Bitcoin Miners Survive In Bear Market – Bitcoin Magazine

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they...
- Advertisement -spot_img

Must read

- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you