Galaxy Digital to becomes latest firm to file for a Bitcoin ETF

Galaxy Digital filed for a bitcoin exchange-traded fund (ETF) on Monday, according to a new S-1 with the Securities and Exchange Commission (SEC).

The Galaxy Bitcoin ETF filing names NYSE Arca as the intended exchange venue. Per the filing, Galaxy has yet to name a custodian, administrator, or transfer agent and will likely submit amended filings as these roles take shape and become public.

Galaxy trades publicly in Canada and already acts as sub-advisor to a Canadian bitcoin ETF offering sponsored by CI Financial, the CI Galaxy Bitcoin ETF. That particular product began trading on the Toronto Stock Exchange last month.

Keep reading