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Cryptonian

11/25 12:39

Crypto Asset Manager Refiles Bitcoin Futures ETF

Crypto Asset Manager Refiles Bitcoin Futures ETF
Bitwise has submitted a fresh application to launch a Bitcoin futures ETF.
Its proposed fund would engage in Bitcoin futures contracts exclusively through a wholly-owned Cayman Islands subsidiary.
ProShares introduced the first Bitcoin futures ETF in the U.S. last October.
Bitwise, a leading cryptocurrency asset manager, has resubmitted paperwork to begin trading a Bitcoin futures exchange-traded fund (ETF). By way of a Cayman Islands-incorporated wholly-owned subsidiary, the proposed fund would make solely Bitcoin futures contract investments, according to a Securities and Exchange Commission (SEC) filing on Nov.23.LYNXMPEB3E0UM_M.jpg

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