VanEck may launch a second exchange-traded fund for BTC futures in the US.
The US Securities and Exchange Commission authorized VanEck to launch its ETF after October 23. That means trading could begin on Monday, Oct. 25.
SEC Chairman Gary Gensler previously said futures ETFs are much easier to regulate because they are subject to the 1940 Securities Act. A previously launched ETF from ProShares is also linked to Bitcoin futures.
Last week, Grayscale announced its plans to launch a spot Bitcoin ETF, but it is not yet known whether such a fund will receive regulatory approval.
With this news, the price of Bitcoin reached a new all-time high above $66,000.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
According to cointelegraph.com
You May Also Like
A programmer from the USA lost the password to 7002 BTC
Due to his confusion, Stefan Thomas is two steps away from losing a huge fortune.
Taproot activation will take place this weekend
There are only a few days left until the biggest Bitcoin network update of the year.
