Hard Rock Continues for Crypto Funds
Apr, 2023

Hard Rock Continues for Crypto Funds

After a lot of time, there was a new application in the US SEC for a ETF involved in the crypto sector.


A Bitcoin ETF was expected to hold Bitcoin in the spot price. We remind that the current crypto ETFS that are active, which are based in futures contracts regarding Bitcoin or other cryptos.


The most famous ETFs were those of Grayscale which have issued several ETFs in different cryptocurrencies. In parallel, ProShares had issued its own Bitcoin ETF, who had collected over $1 billion during a week.


The US SEC has gone into a lot of action and this brings the crypto ETFs into many strict directions.


And this will bring more transparency in the sector….