What the launch of bitcoin futures ETFs means in the quest for a bitcoin spot ETF

Oct 26, 2021 | The Block News | 0 comments

Quick Take

  • The first bitcoin-based ETFs have finally launched in the U.S. — but they are tied to bitcoin futures, not bitcoin itself. 
  • Why are regulators happy to allow futures ETFs but not bitcoin spot ETFs? And what does this mean for issuers still hoping to launch spot ETFs?

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