SEC Approves Bitcoin Futures Fund

Bitcoin.com | Dec 7, 2019 at 2:54 PM
  • The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts.
  • This form is used by closed-end management investment companies to register and offer their shares under the Securities Act.
  • Currently, CME is the only CFTC-approved exchange offering cash-settled bitcoin futures contracts.