Direxion Files Application for Bitcoin and Ethereum Futures ETF

ETF issuer and TradFi giant Direxion has filed an application for a Bitcoin and Ethereum futures ETF with the U.S. Securities and Exchange Commission on Wednesday.

Named Direxion Bitcoin Ether Strategy ETF, Direxion's products will invest in Bitcoin and Ethereum futures contracts, and may also invest in other ETFs with exposure to futures products.

Recently, six companies have filed for Ethereum futures ETFs.

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