VanEck looks to be second issuer to list a bitcoin futures-based ETF

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VanEck will likely follow ProShares as the second issuer to list a bitcoin futures-based exchange-traded fund (ETF), according to a new filing with the Securities and Exchange Commission (SEC).
The issuer filed a post-effective amendment today proposing to list its Bitcoin Strategy ETF on Cboe BZX Exchange with an effective registration date of October 23. This means the offering would list “as soon as practicable” after becoming effective on the 23rd, according to the filing. It plans to list under the ticker $XBTF. 
The lead-up to the ProShares approval saw a similar process, in which the issuer filed a post-effective amendment prospectus stating its intention to list on Oct. 18. An October 18 document then stated the fund would list the following day.  
Like ProShares, VanEck’s fund will invest in bitcoin futures traded on exchanges registered with the Commodity Futures Trading Commission (CFTC). 
ProShares’ opening day on the New York Stock Exchange saw considerable success

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