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US SEC may allow trading of Bitcoin futures ETF

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US SEC may allow trading of Bitcoin futures ETF

timestampOct 16, 2021 authorAlShorts Web Desk

Reports said US regulators would approve the launch of an exchange-traded fund based on its futures contracts. Bloomberg News reported that US Securities and Exchange Commission (SEC) is poised to allow the first US bitcoin futures ETF to begin trading next week. Meanwhile, Bitcoin hit a six-month high on Friday, approaching the record hit in April. The world's biggest cryptocurrency rose nearly 4% to as high as USD59.6k.

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India's active COVID-19 caseload at 541-day low

Global COVID-19 caseload nears 261 million mark

WHO names new COVID-19 strain 'Omicron'

Instagram head agrees to testify amid probe on app's effect on youngsters

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