SEC approves Teucrium Bitcoin futures ETF

07.04.2022 20:50
by Artem Ustinov
1 min read

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.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

Trending news

Subscribe and be in touch
Click here