TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund
The move comes the same week that six other companies filed to launch ether futures ETFs. Source
Read MoreThe move comes the same week that six other companies filed to launch ether futures ETFs. Source
Read MoreThe exchange-traded fund (ETF) issuer had previously withdrawn its application late last year. Source
Read MoreExchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a short bitcoin futures fund.On Tuesday, Direxion requested the SEC to withdraw the ETF application it made on Oct. 26.SEC staff had asked for the filing be withdrawn on the day
Read MoreDirexion isn’t the only issuer hoping to put a creative spin on bitcoin futures ETFs. Tuesday, Valkyrie investments filed to offer an ever-so-slightly leveraged bitcoin futures ETF. It was one of two firms to launch the first bitcoin futures ETF products last week. Source
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