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VanEck takes new approach with SEC, files for Bitcoin Strategy ETF

According to U.S. Securities and Exchange Commission, or SEC records, VanEck filed a prospectus for a Bitcoin Strategy exchange-traded fund, or ETF, on Aug. 9. Unlike its Bitcoin (BTC) or Ether (ETH) ETFs currently under review by the federal agency, the proposed fund would not invest in BTC directly, but provide exposure through Bitcoin future contracts, pooled investment vehicles, and other exchange-traded products.

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Source: Cryptocurrency - investing.com

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