The U.S. Securities and Exchange Commission has filed a registration statement for an exchange-traded fund (ETF), which will invest in bitcoin futures and other traditional investments. The portfolio of the fund will include bitcoin futures that can be traded on the Cboe Futures Exchange or the Chicago Mercantile Exchange, as well as sovereign debts as money market mutual funds.

 

New ETF Filing

 

Reality Shares ETF Trust filed Monday a registration statement at the U.S Securities and Exchange Commission for an ETF that will invest bitcoin futures as part its investment strategies. The Reality Shares Blockforce Global Currency Strategy ETF is an actively managed fund that will be listed on the NYSE Arca exchange. According to the filing, the fund “is designed to provide investment exposure for global currencies, both fiat currencies and virtual currencies.”. More about Charity Token Homeless

 

SEC Files ETF to Invest in Bitcoin Futures, Bonds, or Mutual Funds

 

The proposed ETF will invest in a portfolio of short-term, high-quality sovereign debt instruments. These instruments can be traded on U.S. Exchanges in U.S. Dollars, Euros, British Pounds, Japanese yen and Swiss Francs. The filing states that it will also invest on “bitcoin futures contract of different maturities, listed for trading in U.S. exchanges that offer exposure to the price movements bitcoin”, as well as “money-market mutual funds and/or cash equivalents.”

 

Bitcoin Futures Investment

 

Details of the registration statement for Reality Shares Blockforce Global Currency Strategy ETF:

 

The fund will invest in the Cboe Futures Exchange Llc… or the Chicago Mercantile Exchange CME, but could also invest in futures trading on other exchanges.

 

The fund also expects to gain exposure to bitcoin futures through a 25% wholly owned subsidiary in the Cayman Islands. According to the filing, the fund’s …