SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies

Regulators have green-lighted a new exchange-traded fund that provides exposure to “Bitcoin Industry Revolution Companies.” Read the full article by: Sam Bourgi

Key Points:

• The SEC has delayed their decisions on companies seeking to offer ETFs directly tied to cryptocurrencies such as bitcoin and Ethereum.

• Today; however, they have approved Volts Crypto industry Revolution and Tech ETF which will give investors exposure to companies that are building crypto infrastructure or are exposed themselves to cryptocurrencies.

• There is speculation in the market right now as well that the SEC may be on the verge of approving the first physically backed Bitcoin ETF soon. That is still just a rumor at this time and nothing is official.

• Approving an ETF would bring further adoption as traditional retail investors would prefer to get exposure to crypto from legacy companies that they have always had their money with or know they can trust.