.GlobalXETFs has refiled for a spot-bitcoin ETF. LizKNapolitano reports
If approved, the fund would grant investors"exposure to bitcoin with important protections that are not always available to investors that invest directly in bitcoin," lawyers said in the filing. Global X's spot-bitcoin applications marks the ninth active spot-bitcoin application filed with U.S. regulators, in addition to a petition by Grayscale to appeal the SEC's rejection of its proposed spot-bitcoin ETF conversion .
Global X, a provider of other ETF products, has named Coinbase as its surveillance-sharing partner to get the go-ahead from regulators. Several other pending applications, including those on behalf of Fidelity and BlackRock, have also announced surveillance-sharing agreements with the exchange, in response to previous SEC rejections of bitcoin ETF applications which called out the lack of a strong surveillance-sharing agreement as one issue.
In addition to filing its spot-bitcoin ETF application, GlobalX has also filed for permission to create a bitcoin-futures ETF. Last month, the company also filed to establish a fund that tracks the CoinDesk Bitcoin Trend Indicator Index. CoinDesk Indices belongs to the CoinDesk family of companies.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock – Bitcoin News'The odds of a spot bitcoin ETF launching this year are up to 65%, in our eyes,' ETF analysts James Seyffart and Eric Balchunas say.
Consulte Mais informação »
Bitcoin stays stagnant ahead of pending SEC spot ETF decisionsBitcoin is confined within a tight range within 10% of its one-year high, experiencing the lowest annualized 30-day volatility since 2020.
Consulte Mais informação »
We’re Not Living in an Era of Global Warming, But a Time of Global BoilingJuly will go down as the hottest month in history. But don’t assume that record will stand for long, either.
Consulte Mais informação »
TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures FundTradFi giant Direxion has joined the crypto ETF race by filing for a combined bitcoin and ether futures exchange-traded fund. By nikhileshde
Consulte Mais informação »
MicroStrategy’s Saylor Expects to Retain Appeal Even If Bitcoin ETF Is ApprovedMicroStrategy Inc.’s Michael Saylor says investors will continue to view his software firm as a Bitcoin proxy even if regulators approve the first US exchange-traded fund to directly hold the cryptocurrency.
Consulte Mais informação »
Ethereum futures become latest ETF craze as applications tumble inWhile the SEC has yet to approve a spot bitcoin fund, it has approved funds based on bitcoin futures, leading to optimism.
Consulte Mais informação »