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Super excited for the launch of the Bitcoin Trend ETF $BTRN, powered by the CoinDesk Bitcoin Trend Indicator signal. Really rewarding to see all that effort culminate into the first active trend ETF on #Bitcoin. Congrats to the @CoinDesk and the @GlobalXETFs teams!…
What's next after spot #bitcoin ETFs? Smart beta bitcoin ETFs! @GlobalXETFs and @CoinDesk Indices Launch First Bitcoin Trend Indicator in an ETF Wrapper Press release: https://t.co/0qoUeAeQJS ETF Info: https://t.co/guo1X8YlDR Bitcoin Trend Indicator: https://t.co/Hy7bCOaLUl https://t.co/gBxLwNUQ9k
The rally in bitcoin presents a potential dilemma for investors: How to participate in the upside, while mitigating the severity of future drawdowns. $BTRN was designed to do exactly that, dynamically allocating between regulated bitcoin futures & short-term treasuries.
The SEC has posted the 19b-4 for 7RCC's spot Bitcoin ETF that includes Carbon Credit futures, with a final deadline around November 21, 2024. Additionally, a trend-following BTC ETF and a Bitcoin futures strategy ETF are set to launch soon. Global X ETFs and CoinDesk Indices have introduced the first Bitcoin Trend Indicator in an ETF wrapper, with the Bitcoin Trend Strategy ETF $BTRN now trading on NYSE. The ETF aims to navigate bitcoin volatility by dynamically allocating between regulated bitcoin futures and short-term treasuries.