VanEck Bitcoin Strategy ETF will likely launch next week as crypto prices rea...

VanEck Bitcoin Strategy ETF will likely launch next week as crypto prices rea...

The asset manager could be the first to follow ProShares, which listed its Bitcoin Strategy ETF on the New York Stock Exchange on Monday. The United States Securities and Exchange Commission has likely approved asset manager VanEck’s Bitcoin Strategy exchange-traded fund, with trading expected to begin on Oct. 25.In an Oct. 20 filing with the Securities and Exchange Commission, or SEC, Vaneck said the public offering of its Bitcoin (BTC) Strategy ETF, which offers exposure to the crypto asset through future contracts, would begin “as soon as practicable” after the effective date of the....


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Sources Say Valkyrie Bitcoin Strategy ETF Set to Launch on Nasdaq This Week

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Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regula...

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Lower volumes compared to ProShares were expected, but Van Eck hopes its lower fees can give it an edge over competitors. The VanEck Bitcoin Strategy ETF (XBTF) closed its first day of trading on Nov. 16 with "respectable" trading volume, but one that pales in comparison to similar launches. Bitcoin futures ETFs provide investors exposure to potential future prices of Bitcoin without forcing them to hold any Bitcoin themselves. At market close on the Chicago Board of Exchange (CBOE), XBTF had accumulated around $9.5 million in assets under management (AUM), and saw around $4.6 million in....