November 2, 2021, 11:20AM EDT
• 10 min read
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
Join The Block Research for exclusive research like this
Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
Already a Research Member? Login Here
More from The Block Crypto
Rep. Soto prepares suite of crypto and blockchain legislation for return to Congress
Source Node: 883243
Time Stamp: May 26, 2021
MicroStrategy announces new bitcoin buy worth $177 million
Source Node: 1042623
Time Stamp: Aug 24, 2021
Mexican authorities warn financial institutions against using crypto-assets
Source Node: 949206
Time Stamp: Jun 28, 2021
Robinhood’s crypto arm to pay a $30 million fine after New York state probe
Source Node: 987334
Time Stamp: Jul 21, 2021
Crypto derivatives exchange Bybit launches spot trading, including for XRP
Source Node: 980920
Time Stamp: Jul 15, 2021
Biden signs infrastructure bill, handing crypto broker definitions to the US Treasury
Source Node: 1113178
Time Stamp: Nov 15, 2021
