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Form 485BPOS Natixis ETF Trust II

Form 485BPOS Natixis ETF Trust II
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Boston

Form 485BXT Goldman Sachs ETF Trust

Form 485BXT Goldman Sachs ETF Trust
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SEC Statement on Registered Funds Investing in Bitcoin Futures

Friday, May 14, 2021 On May 11, 2021, the staff of the Division of Investment Management (“IM”) within the Securities and Exchange Commission (“SEC”) issued a statement (the “Statement”) regarding the staff’s current views on funds registered under the Investment Company Act of 1940, as amended (the “1940 Act”) investing in bitcoin futures. 1 Although the Statement most directly illustrates the staff’s current stance toward mutual funds investing in bitcoin futures, more significantly, given the intense interest in potential bitcoin and other cryptocurrency products, the Statement is being scrutinized for what it might say about the willingness of the staff to approve exchange-traded products offering exposure to bitcoin or other cryptocurrencies.

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