Express

Asset Manager Receives SEC Approval To Offer Bitcoin Futures Fund

Roland James

Summary: The U.S. Securities and Exchange Commission (SEC) has given their approval to the New York Digital Investment Group (NYDIG) to begin offering institutional investors shares of a new fund which focuses on bitcoin futures. The NYDIG Bitcoin Strategy Fund invests cash in settled bitcoin futures contracts that are traded on Commodity Futures Trading Commission (CFTC) ...

The U.S. Securities and Exchange Commission (SEC) has given their approval to the New York Digital Investment Group (NYDIG) to begin offering institutional investors shares of a new fund which focuses on bitcoin futures.

The NYDIG Bitcoin Strategy Fund invests cash in settled bitcoin futures contracts that are traded on Commodity Futures Trading Commission (CFTC) registered exchanges. The fund will not invest in Bitcoin or any other cryptocurrency directly.

By Roland James

Last Update:

Tags: ,,,
Link: Asset Manager Receives SEC Approval To Offer Bitcoin Futures Fund   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 11 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 15 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.