U.S. SEC poised to allow first bitcoin futures ETF - Bloomberg News


FILE PHOTO: A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - The U.S. Securities and Exchange Commission is poised to allow the first U.S. bitcoin futures exchange-traded fund to begin trading next week, Bloomberg News reported on Thursday, citing people familiar with the matter.

(Reporting by Mrinmay Dey in Bengaluru; Editing by Ramakrishnan M.)

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Tesla gets 5-week extension in US probe of Full Self-Driving traffic violations
Starlink-rival Eutelsat signs deal with Europe's MaiaSpace to launch satellites
India's Tata Tech has quarterly profit plummet 96% on one-time labour code charge
India's Tech Mahindra beats quarterly revenue view on manufacturing strength
India's Wipro beats third-quarter revenue view on communications segment strength
Meta begins job cuts as it shifts from metaverse to AI devices
Fury over Grok sexualised images despite new restrictions
Japan probing Musk's Grok AI service over inappropriate images
Italy probes Microsoft's unit over sale practices for 'Call of Duty' and 'Diablo' video games
TikTok to tighten age checks in Europe as regulators ramp up pressure

Others Also Read