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Fund issuers continue to envision cryptocurrency ETFs that they hope to launch in 2025.
We recently Highlight Bitwise has applied for the Bitcoin Standard Corporations ETF to invest in those with at least 1,000 BTC.
Related, strives to manage assets foot last Thursday for a Bitcoin Bond ETF that seeks exposure to convertible securities issued By MicroStrategy Others expect to use a significant portion of the proceeds to purchase Bitcoin.
Then REX advisors got involved Plans To launch a Bitcoin Convertible Treasury Bond ETF that (you guessed it) will invest in convertible bonds issued by companies that own the largest cryptocurrency assets.
ProShares also has three Bitcoin-related funds planned. The so-called S&P 500 Bitcoin ETF will take a long position in S&P 500 stocks and a short USD/long Bitcoin position. The latter part is implemented via Bitcoin futures contracts as a way to “hedge the US dollar exposure of an S&P 500 stock position,” one company notes.
Two other similarly planned products aim to replicate the performance of bitcoin-denominated investments in Nasdaq 100 stocks and gold.
Perhaps most interesting is the stock's volatility foot For an ETF that invests in Solana futures contracts “that are traded only on an exchange registered with the Commodity Futures Trading Commission.” This doesn't exist yet.
The company did not immediately respond to my request for comment.
Volatility Shares, which offers BTC and ETH futures ETFs, is also the company offering this I saluted the effort to launch Ethereum futures funds in mid-2023. Although it abandoned these plans when several other companies followed suit by resubmitting applications for similar products, some hailed the company as crucial to Achieving approval Of these (and ultimately Spot Ethereum) products.
Several companies - Van Eyck, 21 shares, Canary Capital, Bitwise and Grayscale -You have active deposits for Solana ETFs.
It remains uncertain whether the SEC will deviate from its approach precedent Demanding a regulated futures market – such as those available for BTC and ETH but not for Solana – before other spot crypto funds are approved.
One thing is certain (as... male On This is probably a sign that there are a lot of deposits coming in the new year.
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