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Why recent developments in Canada suggest a bitcoin ETF is coming soon to the U.S.
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Quick Take
- A recent wave of approvals for bitcoin exchange-traded funds (ETFs) in Canada have many in the U.S. asking: when bitcoin ETF?
- Canada is historically a proving ground for novel financial products, and some think this means a U.S. approval could come soon.
- Right now VanEck and Cboe’s offering is the only prospectus with an impending decision.
Recent developments north of the border suggest that the end of the battle for a bitcoin ETF is finally near.
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