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Galaxy Digital Files for Bitcoin Futures ETF
Bitcoin News now admin /

The move follows Galaxy Digital’s initial filing for a Bitcoin ETF, though that effort was not approved.

Notably, the Mike Novogratz-led company, which boasts $1.42 billion in assets under management as of 30 June 2021, would not invest in Bitcoin directly, but rather Bitcoin futures and other investment vehicles.

Bitcoin ETF filings are subject to the regulations of the Chicago Mercantile Exchange.

The filing is in accordance with recent preferences expressed by SEC Chairman Gary Gensler just weeks ago.