Asset manager ProShares signaled plans to launch a Bitcoin futures exchange-traded fund as soon as Monday, an action that would end an eight-year wait for a security tracking the cryptocurrency on the U.S. stock market, according to a filing.
The fund manager filed an updated prospectus late Friday with the Securities and Exchange Commission for the Bitcoin Strategy ETF (ticker BITO). The filing indicated Oct. 18 as the approximate date for the proposed launch of the fund, which will trade on the NYSE Arca Exchange and charge a management fee of 0.95%. An official at ProShares declined to comment. A spokesperson for the SEC didn’t immediately respond to a request for comment.
"first" - Google News
October 16, 2021 at 04:44AM
https://ift.tt/3p3Fkuh
First U.S. Bitcoin Futures ETF May Debut Monday, Filing Says - Bloomberg
"first" - Google News
https://ift.tt/2QqCv4E
https://ift.tt/3bWWEYd
Bagikan Berita Ini
Related Posts :
First pregnant Egyptian mummy surprises researchers - CNN- These 20 stocks performed the best over the first 100 days of Biden's presidency - MarketWatch
- As America reckons with racism, Kamala Harris puts her identity as the first Black VP front and center - USA TODAY
- 2021 NFL Draft winners and losers: Bears, 49ers, Ravens log first-round victories as Panthers, Raiders stumble - CBS Sports
- The First 100 Days - The New York Times
0 Response to "First U.S. Bitcoin Futures ETF May Debut Monday, Filing Says - Bloomberg"
Post a Comment