Exchange-traded fund (ETF) provider Teucrium has submitted a filing for a Bitcoin Futures ETF with the U.S. Securities and Exchange Commission (SEC).
The filing shows that the firm would like to provide a “cost-effective means to gain price exposure to the Bitcoin market” for potential investors.
If approved, the ETF would trade on the NYSE Arca exchange and would track Bitcoin futures contracts. The Teucrium Bitcoin Futures Fund (BCFU) is different from other Bitcoin ETFs that have been filed, in that it involves being physically backed by bitcoin.
