VanEck To Offer Bitcoin Futures Mutual Fund

A new filing with the U.S. Securities and Exchange Commission (SEC) indicates that investment firm VanEck Associates Corporation wants to offer a bitcoin futures mutual fund in the United States.

“The [Bitcoin Strategy] Fund seeks to achieve its investment objective by investing, under normal circumstances, in bitcoin futures contracts … as well as pooled investment vehicles and exchange-traded products that provide exposure to bitcoin,” per the filing. “The Fund does not invest in bitcoin or other digital assets directly.”

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