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ProShares looked set to offer the first bitcoin BTCUSD exchange-traded fund, marking a major milestone in the crypto sector as digital assets gain greater mainstream adoption.
The fund provider submitted an amended filing with the Securities and Exchange Commission on Friday for a bitcoin futures ETF, which carried all the hallmarks of a regulatory filing that sets the table for a launch soon, said Todd Rosenbluth, head of ETF and mutual fund research at CFRA, in a phone interview.
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