The first bitcoin-linked exchange-traded fund (ETF) is officially debuting today, October 19. The much-anticipated ETF will give investors exposure to the cryptocurrency while tracking the bitcoin futures market and will trade on the NYSE under the “BITO” ticker.
Invesco has dropped its bitcoin futures ETF application hours before a competing product from ProShares is set to start trading on the New York Stock Exchange, according to an announcement from the company.
Global brokerage firm Interactive Brokers has announced the launch of cryptocurrency trading for registered investment advisors (RIAs) in the United States. The firm is offering trading and custody of BTC, ETH, LTC, and BCH.
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Top stories in the Crypto Roundup today:
- ProShares Bitcoin Futures ETF Starts Trading Today
- Invesco Drops Bitcoin Futures ETF Application
- Interactive Brokers Launch Cryptocurrency Trading for Investment Advisors
- Coin of the Week: Polkadot (DOT)
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