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What has prevented the creation of a pure Bitcoin ETF?

Peru, Lima, Lima
Published 3 years ago
ID #932
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What has prevented the creation of a pure Bitcoin ETF?
Peru, Lima, Lima,
Published 3 years ago

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Faced with the rumor that regulatory bodies will soon accept a pure Bitcoin (BTC) -backed exchange-traded fund, it is important to understand the journey of some of the first cryptocurrency-based ETFs that have recently been approved by government bodies.

The United States Securities Commission approved an ETF adjacent to Bitcoin, giving investors the opportunity to gain exposure to Bitcoin through the equity markets, and the most recent acceptance was that of the ProShares Bitcoin Strategy ETF, which began to to be listed on NYSE Arca on October 19.

It is important to note that the aforementioned exchange-traded funds are not pure cryptocurrency ETFs and are limited to following shares of companies related to cryptocurrencies or futures contracts.


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    Peru, Lima, Lima
    Ct Lima 443c Cl 8552