I am sure if you are into cryptocurrencies, I am sure you have heard of the Bitcoin Futures ETF which many have said propelled Bitcoin into the $60,000 region. I have also heard of it and that it has not formally been approved by the Securities and Exchange Commission. The proposed date of the filing is on Monday, 18 Oct 2021 and might begin trading next week. What is the Bitcoin Futures ETF? So of course seeing the word Bitcoin means it involves Bitcoin and futures means that it is not the spot market meaning not the current prices but more so on the bitcoin futures contracts. The ETF is called ProShares Bitcoin Strategy ETF. This is a huge move in the development of cryptocurrencies as it will be available to the mass retail investors once it starts trading. So far, the SEC has not formally approved it but according to Proshares announcement, it states that the agency is...