VanEck to Liquidate Bitcoin Futures ETF as Focus Shifts to its Spot Bitcoin ETF
The company revealed that shareholders have until January 30 to sell their shares in the VanEck Bitcoin Strategy ETF (XBTF).
AlexThe company revealed that shareholders have until January 30 to sell their shares in the VanEck Bitcoin Strategy ETF (XBTF).
AlexExplore the intricacies of Bitcoin futures, a sophisticated investment avenue in the dynamic cryptocurrency market.
AlexRisk-averse BTC derivatives traders threw in the towel after futures contracts traded below spot market prices.
CointelegraphChief Financial Officer André Milanez said the product will be launched within the next five months.
CointelegraphEthereum futures are currently trading at a premium as investors switch from bitcoin-based products to bitcoin-based products.
CointelegraphBlackRock CEO Larry Fink said in July that the firm saw "very little demand" for cryptocurrencies from investors.
CointelegraphDespite BTIO’s growing inflows totaling $1.4 billion since the end of October, one expert puts the odds of VanEck’s bitcoin spot ETF being approved by the SEC at 1 in 200.
CointelegraphLast month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act.
Cointelegraph