ProShares Gets Approval By U.S SEC For Bitcoin Strategy ETF


According to an Oct. 15 notice, The United States Securities and Exchange Commission finally accepts the registration request for ProShares’ Bitcoin Strategy ETF and shares to be listed on the New York Stock Exchange’s Arca. ProShares Trust’s Bitcoin (BTC) exchange-traded fund offers exposure to the crypto asset with futures contracts. ProShares’s post-effective amendment prospectus states its ETF could launch as early as Oct. 18.