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Bitcoin Futures ETF Won’t Face SEC Opposition at Deadline, Sources Say

Bitcoin Futures ETF Won’t Face SEC Opposition at Deadline, Sources Say



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15 Comments

  1. The Securities and Exchange Commission is poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a watershed moment for the cryptocurrency industry, according to people familiar with the matter.

    The regulator isn’t likely to block the products from starting to trade next week, said the people, who asked not to be named while discussing the decision. Unlike Bitcoin ETF applications that the regulator has previously rejected, the proposals by ProShares and Invesco Ltd. are based on futures contracts and were filed under mutual fund rules that SEC Chairman Gary Gensler has said provide “significant investor protections.”

  2. USA Regulators are so behind the times, because they are not independent.

    ​

    They only approved this Fake Futures ETF because their Wall Street Bank Masters told them the Peoples will revolt if you reject BTC ETF again, whereas the rest of the world already have multiple Real BTC ETF’s trading.

  3. Can someone explain why this matter? I’m genuinely curious. Why not just buy bitcoin? How are bitcoin future ETFs so revolutionary? (I honestly just want to understand the hype here.)

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