A new request for the issuance of Bitcoin Spot ETFs comes from crypto-asset manager 7RCC.
The S-1 filing is now in the hands of the United States Securities and Exchange Commission (or SEC), along with those of the largest asset managers.
Bitcoin ETF: crypto asset manager 7RCC joins the club and files its application with the US SEC
7RCC, a crypto-asset manager, has filed with the United States Securities and Exchange Commission (SEC) its application for the issuance of a Bitcoin Spot ETF, joining the club of the most important asset managers.
This is the “7RCC Global Bitcoin and Carbon Credit Futures ETF” fund, which aims to combine Bitcoin with ecological investments.
In fact, the S-1 model signed by 7RCC intends to propose an investment strategy for the fund that holds a combination of bitcoin and financial instruments to obtain exposure to carbon credit futures.
Here is how the text is quoted:
“The investment objective of the Fund is to reflect the daily variations in
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