Bitcoin

James

<p>The post <a href="https://coinpedia.org/crypto-live-news/first-trust-files-for-bitcoin-buffer-etf-with-sec/">First Trust Files for Bitcoin Buffer ETF with SEC!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>First Trust has submitted a proposal for a Bitcoin buffer ETF to the Securities and Exchange Commission (SEC), according to James Seyffart, an analyst at Bloomberg Intelligence. This type of exchange-traded fund (ETF) employs a distinctive strategy to provide investors with exposure to Bitcoin while mitigating potential losses. The fund’s performance is designed to sacrifice a portion of the upside gains to protect against a predetermined percentage of downside losses. If approved by the SEC, this ETF could offer investors a new way to access the volatile cryptocurrency market with added protection against potential losses.</p>

First Trust Files for Bitcoin Buffer ETF with SEC!

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