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Victory Capital joins U.S. Bitcoin ETF race, files with the SEC

The investment firm first disclosed its intention to launch a private fund that tracks the Nasdaq Crypto Index in June. However, a Form S-1 registration filed with the United States Securities and Exchange Commission (SEC) on Tuesday, confirmed that Victory Capital is serious about moving forward with its Bitcoin ETF.

The Bitcoin product will track the Nasdaq Crypto Index, an index that consists of eight digital assets, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Chainlink, Stellar Lumen, Filecoin, and Uniswap.

Commenting on the application Mannik Dhillon, president of VictoryShares, Victory Capital’s ETF provider, said:

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Source: Cryptocurrency - investing.com

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