Blockchain ETF Pioneer Expects Bitcoin-Linked Fund by Mid-Year
- Reality Shares head sees futures-based fund in second quarter
- Blockchain ETF could change name as comfort grows, Ervin says
Photographer: Andrey Rudakov/Bloomberg
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Crypto fans rejoice: a Bitcoin ETF could be just around the corner after all, according to the manager of one of the first blockchain-focused exchange-traded funds.
“Especially given this negative volatility in Bitcoin, the SEC is wiping their brow a little bit here,” Eric Ervin, co-founder of Reality Shares Inc., said on Bloomberg Television, referring to the U.S. Securities and Exchange Commission. “The more that starts to settle out, I think we could actually see an ETF in the second quarter.”