Invesco Files With SEC for Bitcoin Strategy ETF
Invesco stressed that the ETF will not invest in bitcoin directly.
The ETF would give investors indirect exposure to certain cryptocurrencies.
The SEC has yet to approve a crypto-based exchange-traded fund.
The investments manager said it confidentially filed for a bitcoin futures ETF months ago.
As the SEC weighs approving its first bitcoin ETF, Kryptoin and others are getting in line for an ETH ETF.
VanEck unsuccessfully tried to list a similar fund in 2017.