BitOne Capital | Add a bitcoin (BTC, +10.37%) futures exchange-traded fund (ETF) to the list of cryptocurrency-focused ETF applications before the U.S. Securities and Exchange Commission (SEC) right now.

May 20, 2021

by Nate DiCamillo in Most Useful

| 161 views | May 20, 2021 | 10:17 pm

Add a bitcoin (BTC, +10.37%) futures exchange-traded fund (ETF) to the list of cryptocurrency-focused ETF applications before the U.S. Securities and Exchange Commission (SEC) right now.

ETF provider Teucrium Trading filed an application with the SEC to launch an ETF that would trade on NYSE Arca and would track a benchmark of bitcoin futures contracts.

While the SEC has yet to approve the application of any bitcoin ETF, Teucrium could be hoping the Teucrium Bitcoin Futures Fund (BCFU) would have an advantage over applications that propose ETFs that are physically backed by bitcoin.

Bitcoin ETF proponents have been hoping newly confirmed SEC Chair Gary Gensler will oversee the approval of an ETF, but recent comments from SEC staff that called bitcoin “highly speculative” may mean the regulator is not yet ready to support such a vehicle.

Greenidge Generation Holdings, whose natural gas-powered bitcoin (BTC, -0.01%) mining operation has sparked controversy in upstate New York, plans to counteract the emissions that its rigs produce with carbon offset credit purchases starting on June 1.

June 11, 2021

China’s Yunnan province does not appear to be shutting down bitcoin (BTC, +0.79%) miners.

July 14, 2021

The U.S. Securities and Exchange Commission (SEC) pushed a decision on WisdomTree’s bitcoin (BTC, +0.4%) exchange-traded fund (ETF) application to the autumn.

Add a bitcoin (BTC, +10.37%) futures exchange-traded fund (ETF) to the list of cryptocurrency-focused ETF applications before the U.S. Securities and Exchange Commission (SEC) right now.

Add a bitcoin (BTC, +10.37%) futures exchange-traded fund (ETF) to the list of cryptocurrency-focused ETF applications before the U.S. Securities and Exchange Commission (SEC) right now.

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Greenidge Generation Holdings, whose natural gas-powered bitcoin (BTC, -0.01%) mining operation has sparked controversy in upstate New York, plans to counteract the emissions that its rigs produce with carbon offset credit purchases starting on June 1.

China’s Yunnan province does not appear to be shutting down bitcoin (BTC, +0.79%) miners.

The U.S. Securities and Exchange Commission (SEC) pushed a decision on WisdomTree’s bitcoin (BTC, +0.4%) exchange-traded fund (ETF) application to the autumn.