The US SEC could approve as many as four bitcoin futures ETFs in October, based on Bloomberg Intelligence's count. Unlike bitcoin ETFs, SEC Chair Gary Gensler has expressed more openness towards bitcoin futures ETF. Bitcoin futures ETFs will not hold the underlying digital asset itself. The US SEC has approved an ETF that tracks stocks with significant exposure to bitcoin.
These firms hold a majority of their net assets in bitcoin or derive a majority of their profit or revenue from bitcoin-related activities.The actively-managed fund, Volt Crypto Industry Revolution and Tech ETF, was approved on October 5. The SEC has also extended the deadline of four Bitcoin exchange-traded funds (ETF) on Friday for 45 days. Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust and Kryptoin Bitcoin ETF — was rescheduled to Nov. 21, Dec. 8, Dec. 11 and Dec. 24, respectively.

#BTC #Crypto #Bitcoin
~SEC Approving Bitcoin Company ETFs and Futures | BTC ETFs Coming Soon?~
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