In the brief, the attorneys argue that, because Bitcoin futures and spot Bitcoin both generate their price based on overlapping indices, the spot price of Bitcoin in both spot and futures ETFs are subject to the same risks – and therefore, approving one and denying another is unfair.
Related posts
-
Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial... -
Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review
Bloomberg’s senior ETF analyst has updated his prediction regarding... -
Ethereum ETF Dream On Hold: SEC Rejects Applications (Again)
Ethereum enthusiasts were cruising down the information superhighway towards a July 4th fireworks celebration of a...