Bloomberg Law
Oct. 8, 2021, 8:38 PM

Wall Street Could Get Four Bitcoin Futures ETFs by Month-End (1)

Vildana Hajric
Vildana Hajric
Bloomberg News
Katie Greifeld
Katie Greifeld
Bloomberg News

After years of waiting for a U.S. Bitcoin ETF, the crypto community may finally get as many as four products in a matter of weeks.

This month, the Securities and Exchange Commission once again has to approve, reject or delay a set of applications for exchange-traded funds based on the largest digital currency. This time round, they all follow a format that SEC Chair Gary Gensler has indicated could be received favorably by the regulator.

They’ll hold Bitcoin futures rather than the digital asset itself, and are filed under the Investment Company Act of 1940 -- a route that offers ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.