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ProShares Bitcoin ETF Launches on NYSE on Tuesday October 19 | CryptoAddicted

ProShares Bitcoin ETF Launches on NYSE on Tuesday October 19

The US Securities and Exchange Commission (SEC) has given the green light to the first Bitcoin ETF.

Thus, ProShares will launch the first long-awaited Bitcoin futures ETF under the ticker BITO. The data has been confirmed by the New York Times.

"This is an exciting step, but not the last," NYSE head of commodities, Douglas Jones, told DealBook.

*ETF - An exchange-traded fund is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges.