Potential for First Spot Bitcoin ETF? Teucrium Bitcoin Futures Fund Approved by SEC Under Spot Regulations

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With the approval of this Bitcoin Futures Fund spot ETPs now have a chance, here's why

It is not yet clear if we will see a drastic increase in the number of spot-based Bitcoin ETPs in the upcoming weeks or months, but ‌companies now have legal grounds for a discussion with the commission if it denies another application.

The main reason why investors tend to choose spot-backed products over derivatives is an additional loss that they face when entering a fund that tracks the derivation of the actual financial assets rather than its spot market pair.Once futures reach their expiration periods, the fund has no other choice but to purchase the next month’s products at a significant premium, which lies on the shoulders of regular investors.

 

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