Could these be the first bitcoin futures ETFs: the First Trust Bitcoin Strategy ETF, the First Trust Inverse Bitcoin Strategy ETF, the GraniteShares Bitcoin ETF, the GraniteShares Short Bitcoin ETF, the REX Bitcoin Strategy ETF and the REX Short Bitcoin Strategy ETF.
According to public records, The Chicago Board Options Exchange (Cboe) has filed with the U.S. Securities and Exchange Commission (SEC) to list these six bitcoin futures ETFs.
The records show the proposed rule changes were filed with the SEC between Dec. 15 and Dec. 19.
According to the First Trust filing, the fund “intends to invest primarily in Bitcoin Futures Contracts, [though] it may also invest in other Listed Bitcoin Derivatives, OTC Bitcoin Derivatives, U.S. exchange-listed ETPs, and Non-U.S. Component Stocks (collectively, ‘Bitcoin Instruments’).”
REX ETFs will place a majority of its assets in bitcoin derivatives and cash, but may also invest in U.S. exchanged-listed ETPs. The GraniteShares ETFs would follow suit, according to CNBC.