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Bitcoin futures premium doubles ahead of SEC's potential approval of an ETF next week

12 days ago   |   By Business Insider

Bitcoin
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Bitcoin futures premium has doubled this month as the SEC rules on the potential of approval of several ETFs. SEC Chairman has recently voiced his support for bitcoin ETFs that hold futures contracts rather than directly holding bitcoin. The SEC is set to either approve, deny, or delay bitcoin ETF proposals from four firms over the next two weeks. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The premium tied to bitcoin futures contracts has doubled this month as investors anticipate the SEC's potential approval of several bitcoin...
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