Bitcoin ETFs are expected to start trading as early as Tuesday if approved by the SEC.
The SEC has received applications from several funds including ProShares, Invesco, and Valkyrie, to start trading bitcoin ETF futures. The SEC has 75 days to review ETF proposals and ProShares, the first bitcoin ETF application, will hit its 75th day on Monday. Many other funds are expected to follow. Bitcoin passed $61K this week because of the news of bitcoin ETFs. ProShares is expected to trade under the ticker "BITO". Link
Photo credit: André François McKenzie