Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / BTF - SEC is said to not allow leveraged Bitcoin ETF - WSJ

BTF - SEC is said to not allow leveraged Bitcoin ETF - WSJ

Valkyrie Bitcoin Strategy ETF
The U.S. Securities and Exchange Commission is said to have told at leas one asset manger not to go forward with plans for a leveraged bitcoin exchange-traded fund. The SEC appears to want to restrict bitcoin-related products to to only unleveraged exposure to bitcoin futures contracts, according to a WSJ report.  The WSJ report comes after the SEC recenty allowed a few bitcoin-related ETFs to begin trading, including the ProShares Bitcoin Strategy ETF (NYSEARCA:BITO) and the  Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF). While BITO does not directly hold Bitcoin (BTC-USD), the new ETF aims to provide market participants with capital appreciation through managed exposure to Bitcoin-futures contracts.

For further details see:

SEC is said to not allow leveraged Bitcoin ETF - WSJ
Stock Information
Company Name: Valkyrie Bitcoin Strategy ETF
Stock Symbol: BTF
Market: NASDAQ
Menu
BTF BTF Quote BTF Short BTF News BTF Articles BTF Message Board
Get BTF Alerts

News, Short Squeeze, Breakout and More Instantly...