Quick Take
The launch of the ProShares Futures ETF marks a turning point in the US regulatory stance towards bitcoin structured products; but is a futures-based ETF really what investors want?
Approval of a spot bitcoin ETF in the near future remains uncertain as SEC chairman reaffirms the committee’s concerns regarding unregulated exchanges
Currently, 25 bitcoin ETF applications have been filed with the SEC with 9 decision deadlines set before year-end
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