An organization that gives cryptocurrency-linked and different exchange-traded funds (ETFs) has filed with the US Securities and Trade Fee (SEC) to checklist its leveraged futures ETF shares.
Confidence in Volatility Shares filed June 23 a Kind 8-A filed with the SEC stating that the corporate is making ready to launch an funding automobile that the regulator may contemplate a category of securities underneath its purview. Within the registration assertion, Volatility Shares was listed as a “2x Bitcoin Technique ETF” underneath the ticker image BITX, which would offer weighted publicity to Bitcoin (BTC), equal to twice the every day efficiency of the S&P Every day Roll Index.
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