ETF Provider Teucrium Trading Files for a Bitcoin Futures ETP
The ETP would track a benchmark of bitcoin futures contracts.
The SEC chairman's comments this week are causing issuers to readjust their expectations for the approval of a spot bitcoin ETF.
The SEC could use the ETF approval process to improve trading integrity on crypto exchanges, said Timothy Massad.
Valkyrie said that the ETF would not "directly invest in bitcoin."
QR Capital's bitcoin ETF started trading on the Sao Paulo-based B3 exchange under the ticker QBTC11.
The ETF would compete with similar funds applied for by Bitwise and Valkyrie.