SEC has allowed Valkyrie Investments and VanEck to run bitcoin ETF
The start of trading is scheduled for October 22 and 25
22.10.2021 - 07:10
494
1 min
0
What's new? The U.S. Securities and Exchange Commission (SEC) has approved an application for launching a bitcoin futures ETF from Valkyrie Investments. Another organization that received SEC approval to launch a similar fund was VanEck.
Press release on the SEC’s website
When will the trading start? Trading in Valkyrie Bitcoin Strategy ETF securities will start on Friday, October 22, under the ticker BTF.
The bitcoin ETF trading from VanEck is scheduled for Monday, October 25. The fund’s shares will be placed under the XBTF ticker on the Cboe BZX platform. VanEck is also waiting for a decision on its other application for the launching of a spot bitcoin ETF.
What had happened before? As we mentioned on October 19, the New York Stock Exchange began trading shares of bitcoin futures ETF from ProShares. During the first day of trading, their volume amounted to almost $1 billion and the structure showed the second most trading activity debut.
Useful material?
Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Mining
The Deputy Energy Minister explained that in deficit regions, it is impossible to allocate large capacities for industry enterprises until 2030
Oct 30, 2024
Market
Customers will also be able to withdraw funds to bank accounts using cards
Oct 30, 2024