Tag Archives: Announcement

Last October, the SEC approved the first-ever Bitcoin futures ETF, which enabled investors to gain indirect BTC exposure through a popular investment vehicle. But Proshare’s “Bitcoin Strategy ETF” doesn’t hold BTC directly — it holds something called BTC futures contracts. So, when might the SEC approve a “BTC spot ETF” that holds the cryptocurrency directly?  In theContinue reading “What is a Bitcoin spot ETF and when will the first one get approved?”