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Two new Bitcoin ETFs Submitted for SEC Approval

bitcoin etfs

Two new Bitcoin ETFs have been submitted to the SEC for approval by ProShares Capital Management. According to Form S-1 dated September 27, ProShares Capital Management wants to create two bitcoin funds: the ProShares Bitcoin ETF and the ProShaers Short Bitcoin ETF. However, ProShares’ intent is not the actual purchase of Bitcoins, but its intent is to purchase derivated contracts for exposure. According ...

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