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An ETF Tracking Crypto-Related Companies Got Approved by The SEC
Summary: The "Volt Crypto Industry Revolution and Tech ETF" application filed by Volt Equity, a San Francisco-based asset management company, has got the green light from the Securities and Exchange Commission (SEC) on October 5, as reported from Decrypt. The ETF aims to track crypto industry revolutions and technology companies, which hold a large amount of BTC or ...
The "Volt Crypto Industry Revolution and Tech ETF" application filed by Volt Equity, a San Francisco-based asset management company, has got the green light from the Securities and Exchange Commission (SEC) on October 5, as reported from Decrypt.
The ETF aims to track crypto industry revolutions and technology companies, which hold a large amount of BTC or profit from Bitcoin mining, loans, or trading.
Volt founder Tad Park said that the fund will consist of shares in about 30 companies, including MicroStrategy, Tesla, Square, Coinbase, and PayPal.
The new ETF will be listed on the New York Stock Exchange Arca under the ticker BTCR.
By Mary Liu
Tags: Bitcoin,Cryptocurrency,ETF,SEC,Volt Equity
Link: An ETF Tracking Crypto-Related Companies Got Approved by The SEC [Copy]