April 26, 2024

VanEck Bitcoin Futures ETFs Set to Start Tomorrow

On November 16, the Chicago Board Options Exchange (CBOE) will begin trading Bitcoin ETFs based on CME futures traded fromthe asset manager of VanEck.

The instrument will receive the ticker XBTF. It will be the third in the lineup after similar offers from ProShares and Valkyrie Investments, which were listed on the NYSE and Nasdaq, respectively.

SEC approval for the launch of the VanEck Bitcoin Futures ETF went into effect on October 23rd. Trading was supposed to start on October 25th.

In November, the regulator rejected the company's application to launch a spot Bitcoin ETF.

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