Bitcoin Fans Flock to the Futures Market

The premium on bitcoin futures has doubled this month as investors wager that the SEC will soon approve the first futures-based bitcoin ETF

Investors are betting the first U.S.-listed bitcoin exchange-traded fund is about to get the go-ahead.

Securities regulators could rule as early as next week on as many as four applications for ETFs that will buy futures contracts rather than the cryptocurrency itself. Over the next two weeks, the Securities and Exchange Commission may either approve, reject or delay the proposals ProShares, Valkyrie Investments, Invesco and VanEck submitted in August.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EXCLUSIVE U.S. SEC opens inquiry into Wall Street banks' staff communications -sourcesThe U.S. Securities and Exchange Commission (SEC) has opened a broad inquiry into how Wall Street banks are keeping track of employees' digital communications, three people familiar with the matter told Reuters.
Read more »

Life in the F.A.S.T. Lane: A Special ReportSpecial Report: A data-driven look at life in the FAST lane: the major players, the available content and what lies ahead for free ad-supported TV
Read more »

Discovery+ to Launch in Canada Next WeekThe company lauds the market as 'a country of devoted Discovery fans and home to many of the most beloved stars in our family.'
Read more »

Bitcoin could hit $70,000 in December, based on this valuation model, some analysts sayBitcoin slips more than 4% after it rose above $57,800 on Monday.
Read more »

U.S. officially the top destination for bitcoin miners, beating out China for the first timeThe U.S. is now the number one destination for bitcoin miners, eclipsing China for the first time ever.
Read more »

Cheryl teases music comeback in stunning and 'major' new Instagram videoThe singer performed for fans in London last month – and has now hinted she has a renewed love for singing on stage and teased fans can see her performing again soon
Read more »