BlockFi joins the race for a spot bitcoin ETF

Only 10 of those proposals have a decision date from the SEC, which comes when the attached exchange files a 19b-4 to list the product.

The BlockFi NB Bitcoin ETF joins BlockFi’s proposed futures offering, the BlockFi Bitcoin Strategy Fund.

Still, it’s unclear what will come of the spot ETF proposals.

Alabama, Texas, Vermont and Kentucky are making similar inquiries into the firm’s high-yield accounts, arguing that they constitute securities offerings themselves.

…Read the full story