The regulatory body is currently examining over a dozen applications for spot Bitcoin and Ether futures-based ETFs.
The regulatory body is currently examining over a dozen applications for spot Bitcoin and Ether futures-based ETFs.
If granted, the fund will assess 'the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.'
Shares of Coinbase, which was selected as the preferred platform for surveillance-sharing agreements in ETF applications, surged above $80 at approximately 11:30 ET on Monday.
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