Direxion etf btc

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Michael Bellusci is CoinDesk's crypto reporter focused on public companies. Learn more about ConsensusCoinDesk's longest-running and most influential ProShares for a similar product sides of crypto, blockchain and.

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??New Bitcoin ETF: Invest Now Before It Goes Way Up ??? What You Need to Know Before You Buy
Financial products provider Direxion has filed to register five Bitcoin (BTC) ETFs. Bloomberg analyst James Seyffart reported that on Jan. TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund Exchange-traded fund (ETF) issuer Direxion. According to a public document, the well-known fund management company Direxion submitted application documents for five leveraged Bitcoin.

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By TheCoinrise Media. Leveraged ETFs seek to provide a multiple such as 2x or 3x of the daily performance of a certain index or sector. Why Should You Care? The SEC has not yet approved any crypto ETFs, citing concerns over market manipulation, custody, valuation, liquidity, and investor protection. Read more about.