Exchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a short bitcoin futures fund.On Tuesday, Direxion requested the SEC to withdraw the ETF application it made on Oct. 26.SEC staff had asked for the filing be withdrawn on the day it was filed.The Direxion Bitcoin Strategy Bear ETF would have … [Read more...] about Direxion Withdraws Application for Short Bitcoin Futures ETF
Direxion
Direxion Files for Short Bitcoin Futures ETF
Direxion isn’t the only issuer hoping to put a creative spin on bitcoin futures ETFs. On Tuesday, Valkyrie Investments filed to offer an ever-so-slightly leveraged bitcoin futures ETF. Valkyrie was one of two firms to launch the first bitcoin futures ETF products last week. Source link … [Read more...] about Direxion Files for Short Bitcoin Futures ETF