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Technology

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.)

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