Invesco exec reveals reasons for dropping Bitcoin futures ETF -Breaking
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© Reuters. After DroppingFiling for aBTCInvesco (United States) $1.6 Trillion Asset Manager has released the reason behind their decision to trade futures in exchange-traded funds ETFs.
Anna Paglia from Invesco’s global head for ETFs and Index Strategies, stated that the main reason the file was dropped was because the U.S. Securities and Exchange Commission had only approved Bitcoin ETFs that were 100% exposed to Bitcoin futures.
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