{"id":354444,"date":"2021-10-18T16:45:52","date_gmt":"2021-10-18T13:45:52","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/proshares-bitcoin-etf-to-debut-on-nyse-on-oct-19\/"},"modified":"2021-10-18T16:45:52","modified_gmt":"2021-10-18T13:45:52","slug":"proshares-bitcoin-etf-to-debut-on-nyse-on-oct-19","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/proshares-bitcoin-etf-to-debut-on-nyse-on-oct-19\/","title":{"rendered":"# ProShares Bitcoin ETF to debut on NYSE on Oct. 19"},"content":{"rendered":"<p>&#8220;<strong># ProShares Bitcoin ETF to debut on NYSE on Oct. 19 <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvYjg4NjQzNDgtNmQxMy00ZDdjLThiYzItMzgxOWY5NzdlODlkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>The first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) in the United States, ProShares\u2019 Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange (NYSE) on Oct. 19 under the ticker BITO.<\/p>\n<p>ProShares CEO Michael Sapir <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.proshares.com\/news\/proshares_launches_first_us_bitcoin_linked_etf.html\">said<\/a> the launch marks an important milestone for cryptocurrency ETFs in the United States following several years of effort to list one on an exchange:<\/p>\n<blockquote><p>\u201cBITO will continue the legacy of ETFs that provide investors convenient, liquid access to an asset class. 1993 is remembered for the first equity ETF, 2002 for the first bond ETF, and 2004 for the first gold ETF. 2021 will be remembered for the first cryptocurrency-linked ETF.\u201d<\/p><\/blockquote>\n<p>Sapir went on to say that the Bitcoin ETF\u2019s debut on NYSE unlocks massive exposure for investors in traditional financial markets.<\/p>\n<p>\u201cBITO will open up exposure to Bitcoin to a large segment of investors who have a brokerage account and are comfortable buying stocks and ETFs, but do not desire to go through the hassle and learning curve of establishing another account with a cryptocurrency provider and creating a Bitcoin wallet or are concerned that these providers may be unregulated and subject to security risks,\u201d he said.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Grayscale hints at plans to convert Bitcoin trust into BTC-settled ETF<\/em><\/strong><\/p>\n<p>The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> comes shortly after the U.S. Securities and Exchange Commission (SEC) accepted the registration request for ProShares\u2019 Bitcoin ETF on Oct. 15. On the same day, the SEC also accepted the registration request for shares of Valkyrie\u2019s Bitcoin Strategy ETF for listing on Nasdaq.<\/p>\n<p><em>This story is developing and may be updated.<\/em><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/proshares-bitcoin-etf-to-debut-on-nyse-on-oct-19\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# ProShares Bitcoin ETF to debut on NYSE on Oct. 19 &#8221; The first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) in the United States, ProShares\u2019 Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange (NYSE) on Oct. 19 under the ticker BITO. ProShares CEO Michael Sapir said the launch marks an important&#8230;<\/p>\n","protected":false},"author":1,"featured_media":354445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvYjg4NjQzNDgtNmQxMy00ZDdjLThiYzItMzgxOWY5NzdlODlkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,75012,75849,74898,117,71278,70934,67874],"class_list":["post-354444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-derivatives","tag-etf","tag-sec","tag-business","tag-nyse","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=354444"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/354445"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=354444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=354444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=354444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}