The Traderszone Network

Published in TZ Latest News 10 October, 2021 by The TZ Newswire Staff

SEC approves ETF providing exposure to Bitcoin

The U.S. Securities and Exchange Commission (SEC) has greenlighted an ETF that will provide exposure to investors in publicly listed companies holding assets in Bitcoin.

A prospectus filed with SEC on October 1 shows that the new exchange-traded fund, which is called Volt Crypto Industry Revolution and Tech ETF, will follow the performance of public companies that either make most of their profit by building mining equipment or mining Bitcoin or have most of their net assets in the flagship crypto.

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