January 25, 2021
Without a dedicated Bitcoin exchange traded fund available in the U.S., investors options are to directly buying the largest digital asset, the futures market, or some blockchain ETFs.
Another option appears to be on the way, with VanEck filing plans for the
VanEck Vectors Digital Assets ETF. The concept was revealed in a recent filing with the Securities and Exchange Commission.
“Digital asset companies may include small- and medium-capitalization companies and foreign and emerging market issuers, and the Fund may invest in depositary receipts and securities denominated in foreign currencies,” according to the filing.
It’s not immediately clear if the new ETF will be comparable to existing blockchain funds on the market.