There it is! Bloomberg's data team in the process of adding the ProShares Bitcoin Strategy ETF to the terminal. Ticker will be $BITO. 95 bps -- less than half $GBTC's 2% fee. This thing is going live next week. Either Monday or Tuesday.
1:54 PM · Oct 15, 2021
Also should add that @ValkyrieFunds has filed their 8A which essentially registers a security for trading on exchange. Nothing from proshares on that front yet. So Valkyrie almost certainly going to begin trading next week as well if i had to guess. sec.report/Document/00013871…
Still waiting to see/hear something from @InvescoUS who also could launch a product next week. That said. I'm still not 100% convinced until i actually see this thing live and trading on the exchange. haha
All of that said. The SEC has pulled the rug on approval so many times before I can't help but wonder what's around the corner. We (and all the potential issuers) are basically Charlie brown trying to kick a footballShow this thread