Fund management firm Global X files with the SEC for a Bitcoin ETF
As Bitcoin hovers around $30,000, fund managers are pressing ahead in an effort to get the first American Bitcoin ETF approved. New York-headquartered fund manager Global X Digital Assets has filed an application for a Bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission. Filed on Wednesday, the application indicates that the proposed Global X Bitcoin Trust — a Delaware statutory trust formed in mid-July of this year — would, if approved, trade on the Cboe bZx exchange. The Bank of New York Mellon would serve as the trust’s administrator. As....
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