SEC likely to allow Bitcoin futures ETF to trade next week: Reports

SEC likely to allow Bitcoin futures ETF to trade next week: Reports

The long-awaited launch of a Bitcoin exchange-traded fund could finally arrive on Monday. The long wait for a Bitcoin exchange-traded product could soon be over according to sources reported by financial media giant Bloomberg.Citing “people familiar with the matter” Bloomberg has reported that the U.S. Securities and Exchange Commission is poised to approve the first Bitcoin futures exchange-traded funds in the country. The anonymous sources said:“The regulator isn’t likely to block the products from starting to trade next week.”A futures product is likely to be the first one approved....


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