SEC approves Teucrium Bitcoin futures ETF
The US Securities and Exchange Commission has considered an application for an ETF from Teucrium. The SEC has approved the launch of a bitcoin futures ETF from exchange-traded funds provider Teucrium.
The listing of the financial instrument is planned on NYSE Arca under the ticker BCFU. The price of shares of settlement bitcoin-ETFs will repeat the dynamics of futures traded on CME.
Teucrium applied to launch BCFU in May 2021. It complies with the provisions of the Securities and Exchange Act of 1934.