ETFs


Markets

Dying for a Bitcoin Futures ETF? Watch Out for ‘Contango Bleed’

There’s a downside to SEC Chair Gary Gensler’s preference for an exchange-traded fund focused on bitcoin futures. But it’s unlikely to deter investors.

A little-known risk of a bitcoin futures ETF is that it could bleed investor returns. (Unsplash, modified by CoinDesk)

Videos

Volt Equity CEO on BTCR, First SEC-Approved Bitcoin-Focused ETF

The Securities and Exchange Commission has approved the Volt Crypto Industry Revolution and Tech ETF, the first bitcoin-focused exchange-traded fund (BTCR) that tracks the performance of publicly listed companies that either hold a majority of their net assets in bitcoin or make a majority of their profits through mining or building mining equipment. Volt Equity CEO Tad Park provides insights into BTCR, the U.S. bitcoin ETF regulatory landscape and wider crypto markets analysis.

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Policy

SEC Approves Volt Equity’s Crypto Stock ETF

The fund, which will not hold cryptocurrencies directly, will be listed on the New York Stock Exchange under the ticker BTCR.

SEC headquarters

Finance

Invesco Lists Two Crypto ETFs With Galaxy Digital on the CBOE

The ETFs will track Alerian Galaxy Global indexes to give investors exposure to blockchain and crypto mining firms.

Invesco

Markets

Bitcoin Futures Premium on CME Surges, Hinting At Institutional Demand

A futures-based ETF, if approved, could bring more buying pressure for the CME futures.

CME Group headquarters in Chicago, Illinois, U.S., on Friday Feb. 5, 2021. CME Group Inc. is scheduled to release earnings figures on February 10. Photographer: Christopher Dilts/Bloomberg via Getty Images

Videos

Bitcoin Reclaims $1T Market Valuation

Nick Mancini, senior research analyst at Trade the Chain, discusses what he thinks are the catalysts behind bitcoin’s price rally, which has pushed its market capitalization back above $1 trillion, a level not seen since May.

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Videos

Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?

Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.

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Policy

SEC Delays Decision on 4 Bitcoin ETFs

The agency extends its review of applications from Global X, Kryptoin, Valkyrie and WisdomTree by 45 to 60 days.

SEC headquarters

Videos

Bitcoin Price High Coincides With Funds Buying BTC

Bitcoin bounced today thanks to renewed speculation the U.S. could soon approve exchange-traded funds (ETFs) on bitcoin futures. The consensus in the crypto market is that an ETF would become the most important source of demand from yield-hungry institutional and traditional market investors. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Videos

SEC Chair Gensler Reiterates Support for Futures-Based Bitcoin ETFs

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated his support Wednesday for a narrow class of bitcoin exchange-traded funds (ETFs) that would invest in futures contracts instead of the crypto itself. CoinDesk's Galen Moore discusses the outlook for the U.S. ETF landscape, suggesting the likelihood of a spot ETF getting approved compared to a bitcoin futures ETF. Plus, his views on El Salvador using volcanic energy for bitcoin mining.

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