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SEC Approves ETF for ‘Bitcoin Revolution Companies’, Portfolio Includes Tesla and Twitter – Decrypt

SEC Approves ETF for ‘Bitcoin Revolution Companies’, Portfolio Includes Tesla and Twitter – Decrypt



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7 Comments

  1. I really thought grayscale would be the first etf. I’m surprised. Does it sound like very little is allocated to some of the bigger holders of bitcoin in this etf? I’m new and trying to learn.

  2. What fresh hell? How can the SEC reject a Bitcoin ETF but have these ridiculous centralized companies be part of some Bitcoin Revolution Companies ETF that’s risky and flawed AF.

  3. tldr; The Securities and Exchange Commission has approved a fund called the “Volt Bitcoin Revolution ETF.” The fund will provide retail investors with exposure to Bitcoin by creating a portfolio of “Bitcoin Revolution Companies” that hold a significant amount of the cryptocurrency on their balance sheets. The fund’s fees are modest, consisting of a 0.85% annual management fee.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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