Direxion Re-Files With SEC for Short Bitcoin Futures ETF

Direxion Re-Files With SEC for Short Bitcoin Futures ETF
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Direxion Re-Files With SEC for Short Bitcoin Futures ETF

Direxion has re-applied with the Securities and Exchange Commission (SEC) for its Bitcoin Strategy Bear ETF, a futures-based fund seeking to inversely track the price of bitcoin (BTC).

  • Direxion’s move on Thursday follows a filing on Wednesday by ProShares for a similar product.
  • Direxion in early November – at the behest of the SEC – pulled a previous application for the Bitcoin Strategy Bear ETF

Read more: ProShares Aims to Let Investors Bet Against Bitcoin With New ETF

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