
August 23rd, 2025
Regulators in the United States now have additional exchange-traded funds (ETF) to consider as it was revealed that Galaxy Digital, an investment management firm in the crypto space, has filed for a Bitcoin futures ETF.
Goldman Sachs plans to create an ETF linked to companies like Nokia, Facebook, Microsoft etc. The ETF will mimic the German Solactive Index.
Crypto exchange Coinbase believes that the US SEC is slowly warming up to Bitcoin derivative products as the market continues to expand with higher institutional participation.
Global X Bitcoin Trust ETF will reflect the performance of the price of Bitcoin minus the accrued expense of the trust.
A recent industry report shows that the fund-of-fund unit for the banking giants will help in onboarding crypto strategies for portfolio managers who actively trade in cryptocurrencies.
In another interesting development in Brazil, an asset management firm based in the country, Hashdex, is planning to launch a Bitcoin ETF whose goal is to combat the environmental concerns that come with Bitcoin mining.
ARK Invest, lined with Cathie Wood, a seasoned Bitcoin buyer or bull, has made an application to create Bitcoin ETF in short.
While Bitcoin ETF products are growing at a fast pace in Canada, their emergence in Brazil and Dubai is a testament to the openmindedness of regulators, except those in America.
An approval from the SEC would make the VanEck Bitcoin ETF the first open Bitcoin exchange-traded product in the US but the SEC continues to delay this.
The waiting list for the BTC ETF approvals includes Trust Skybridge, Fidelity Tree, Wilshire Phoenix among others.
WisdomTree is the second to apply for an ETH ETF. Asset manager VanEck had filed an application to create an Ether-focused exchange-traded fund earlier this month.
This will be the first-of-its-kind Bitcoin ETF that will acquire carbon credits against the Bitcoin use with each of the MCO2 tokens representing certified reductions in greenhouse emissions.
The Cboe is known to be backing VanEck’s Bitcoin ETF move, which is similarly under consideration by the SEC.
With its Sherlock platform, Fidelity aims to beat competitors in the data analysis space.
The US securities regulator said that it would need more time to consider the proposed rule changes from VanEck and decide on its Bitcoin ETF application.