The ProShares Bitcoin Futures ETF went public this week

The Bitcoin Futures ETF will begin trading next week, according to data updates by ProShares on the evening of October 15 local time. According to the data, according to the latest release data, the money will be sent to the public on October 18, but the special name has not yet been confirmed by the company, and the possibility of delaying several days is not ruled out. .

To date, the United States Securities and Exchange Commission (SEC) has not publicly approved the creation of the Bitcoin Futures ETF and may not give its public approval to do so. But, unless regulators file a complaint, Bitcoin ETFs could start trading next week, according to insiders familiar with the U.S. Securities and Exchange Commission (SEC).

Soaring monetary circulation: one step at a time

The attitude of US regulators towards Bitcoin is puzzling. Although it was said in the past that they are under watch, they have just approved the first ETF in the future. Today, he has supported the rise of Bitcoin. In the past 24 hours, the single price has surpassed US $ 62,000 and near all-time highs of US $ 65,000 in May.

On October 15, on the official Nasdaq website, the ProShares Bitcoin Futures ETF approved by the Bitcoin Strategy ETF will be listed on the NYSE Arca Exchange under the symbol BITO.

Then the approval of the United States Securities Regulatory Commission (SEC) is required, but it is not.

So far, the first approved Bitcoin ETF futures in the US are ready and will start trading on the NYSE Arca exchange next week with a managed rate of 0.95%.

The Bitcoin ETF approval has taken over the entire cryptocurrency cycle. The value of a lot of money has increased in recent years. Among them, Bitcoin continues to improve, and its value has risen between $ 56,000 and $ 60,000. In the last 24 hours, it hit $ 62,000 and then dropped to $ 61,000.