Currency Economy

VanEck files for a new Bitcoin futures mutual fund with US SEC

Cryptocurrency5 minutes ago (Jun 22, 2021 06:20AM ET)VanEck files for a new Bitcoin futures mutual fund with US SEC

VanEck files for a new Bitcoin futures mutual fund with US SEC

United States investment management firm VanEck has filed for a new Bitcoin (BTC) futures mutual fund with the Securities and Exchange Commission.

According to a prospectus filed Monday, the new “Bitcoin Strategy Fund” will invest in Bitcoin futures contracts as well as pooled investment vehicles and exchange-traded products that provide exposure to Bitcoin. The fund will not invest in Bitcoin or other cryptocurrencies directly.

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