Optimism for US Spot Bitcoin ETF Grows With Approval of Teucrium Futures Fund

Optimism for US Spot Bitcoin ETF Grows With Approval of Teucrium Futures Fund

“The SEC is now not only comfortable with futures-based ETFs regulated under the 40 Act and all the investment protections there, but also futures-based ETFs regulated under the 34 and the 33 Act, the same act that these spot-based ETFs will be regulated under,” said Craig Salm, chief legal officer for Grayscale Investments, which is trying to get its Bitcoin Trust (GBTC) converted into a spot bitcoin ETF. Digital Currency Group, Grayscale’s parent company, also owns CoinDesk as an independent subsidiary.

Originally Posted on: https://www.coindesk.com/policy/2022/04/20/optimism-for-a-spot-bitcoin-etf-grows-with-approval-of-teucrium-futures-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Michael Bellusci

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