AdvisorShares sues SEC over Bitcoin Futures Trading Fund (ETF)

08月
21
2021-8-21 08:19
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According to an August 21 press release, investment adviser AdvisorShares, which owns a broad portfolio of ETFs, has filed a Bitcoin Futures Business (ETF) application with the State Securities and Exchange Commission (SEC). -United. According to the app's data, Bitcoin ETFs managed by AdvisorShares will invest "all or most of its assets in the Bitcoin Exchanged Index futures contract" and collateral. Bethesda, a Maryland-based investment management firm, said in a statement that it will not invest in Bitcoin directly. Morgan Creek Capital will act as a capital advisor, using research and other resources to guide the investment process. (Parts office)

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