First Trust Submits Application for Bitcoin 'Buffered' ETF to US SEC
Bloomberg ETF analyst James Seyffart stated that First Trust has submitted an application for a Bitcoin "Buffer" ETF to the U.S. Securities and Exchange Commission (SEC). This type of fund can protect against a certain percentage of downside losses, but at the same time, upside gains are limited. It is expected that other entrants in this field will adopt unique differentiation strategies to provide Bitcoin exposure in the coming weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
APE token to expand to Solana and integrate with DeFi
Rare Synchronous Outflows from Bitcoin and Gold ETFs Before the Federal Reserve's Policy Path Becomes Clear
Tether stablecoin market share falls below 60% for the first time since March 2023
Trending news
MoreCrypto prices
More
