SEC Approves Valkyrie’s Bitcoin Futures ETF: Is There Hope For a Bitcoin Spot ETF?

The United States Securities and Exchanges Commission (SEC) approved Valkyrie’s Bitcoin (CRYPTO: BTC) Futures exchange-traded fund (ETF) for trading.

What Happened: Valkyrie’s Bitcoin Futures ETF was approved for listing under the Securities Exchange Act of 1934 using a 19b-4 form, according to the SEC document published Thursday. This is the same act that Bitcoin spot ETFs are attempting to be approved under, with Grayscale recently voicing discontent over alleged inconsistencies in treatment for those filings compared to the future-based ETF filings.

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