Bitcoin Daily: Bitcoin Futures ETF Trading Could Get SEC Green Light

The Securities and Exchange Commission (SEC) could soon allow the first American bitcoin futures exchange-traded funds (ETFs) to begin trading next week, CNBC reported. The SEC isn’t likely to stop the ETFs proposed by ProShares and Invesco, according to the report, which cited unnamed sources. These funds are based on futures contracts and were filed according to mutual fund guidelines that SEC Chairman Gary Gensler said provide substantial investor protection, the report stated.