The Winklevoss twins first filed to launch a Bitcoin ETF in 2013, adopted by issuers like Direxion, ProShares, First Belief, Grayscale, WisdomTree and GraniteShares. After the SEC obtained a request for the VanEck Bitcoin Belief in December, corporations equivalent to Galaxy Digital Holdings Ltd. and Constancy Investments utilized inside months. Then, as soon as Gensler signaled a choice for the futures-based model, a slew of filings from the likes of BlockFi, Valkyrie, VanEck and Bitwise quickly adopted. One proposed fund is even co-branded with Cathie Wooden’s Ark Funding Administration.
https://www.washingtonpost.com/enterprise/why-a-us-bitcoin-etf-could-be-a-real-thing-in-2021/2021/10/19/1d2eb76e-3115-11ec-8036-7db255bff176_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Why a U.S. Bitcoin ETF Might Be a Actual Factor in 2021