March 5th, 2026
The ProShares Bitcoin Futures ETF product tracks the speculations on the future price of the digital currency, which may make the product behave differently from the real BTC asset.
Digital asset manager Grayscale wants to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. The company said it has 14 other investment products that it is willing to convert into a Bitcoin ETF.
Post the launch of ProShares Bitcoin Strategy ETF, BTC price has been flirting around $64,000.
The financial advisors will also enjoy the added benefit of access to bonds, ETFs, futures, mutual funds, options, and stocks in over 135 countries on the single platform.
Fund manager ProShares has reportedly received permission from the SEC to launch a US-based Bitcoin futures ETF tomorrow.
The Federal Reserve Chair, Jerome Powell, recently stated that his institution had no intention of banning cryptocurrencies. While this is a positive sign for the regulatory future of cryptocurrencies, we are still in a hazy area.
The Bitcoin community is expecting a Bitcoin ETF to begin trading today or tomorrow. BTC price is moving higher in anticipation of the launch.
Because of the SEC’s continuous witch hunt targeted at the crypto sector, Coinbase believes a separate regulator will be better. However, the SEC disagrees.
The latest Bloomberg report suggests that there will be no opposition by the US SEC in approving the upcoming Bitcoin futures ETF.
As Bitcoin nears $60K and looks to scaling its previous all time high, members of the community are hopeful for a US Bitcoin ETF approval.
According to Renaissance Capital, GitLab would have a fully diluted market value of $9.4 billion at the “midpoint of its first recommended range.”
Stronghold Digital Mining noted that it is planning to list its stocks on the Nasdaq following the IPO and offer them under the ticker ‘SDIG’.
The rumors of a delay in the approval process of the Bitcoin futures product can end up bad for the Bitcoin price, as investors were keen on buying BTC, expecting an ETF approval in October.
As a precautionary measure, Public.com has added a volatility reminder to ensure its customers are well informed on the market unfoldings.
The Bitcoin Revolution ETF from Volt will track the companies that have a significant number of Bitcoins on their balance sheet.