SEC Approves the ProShares Bitcoin Strategy ETF but Only the Fiat Futures

in Daily Crypto Updates • 3 years ago

SEC has approved the ProShares Bitcoin Strategy ETF but only the trading of the fiat futures. ProShares was hoping to begin trading CME fiat Bitcoin futures in the “Canadian Exchange Traded Funds and Other Pooled Investment Vehicles”

SEC had not formally given its approval as of last Friday. However, according to the law, ProShares could still go ahead if there had been no disapproval after 75 days had elapsed. The day to launch was this Monday, October 18, 2021.

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#bitcoin #sec #crypto #trading #cryptotrade #cryptocurrencies
3 years ago in Daily Crypto Updates by
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