This information appeared on the website of the U.S. regulator. Note that the ETF Volt Equity will track changes in the shares of about 30 companies that hold most of their net assets in Bitcoin.
This financial instrument will appear under the ticker BTCR on the New York Stock Exchange within three weeks. Volt Equity is convinced that with the help of ETF developed by the company's representatives, market participants will be able to earn on Bitcoin, avoiding direct investments in the cryptocurrency.
Business Insider magazine stated that the approved exchange-traded fund is closer to other Bitcoin-ETFs in spirit and perception. Market participants have been awaiting approval of the financial instrument in the U.S. for several years.
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