{"id":50859,"date":"2021-10-08T10:28:23","date_gmt":"2021-10-08T07:28:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50859"},"modified":"2025-09-02T20:34:18","modified_gmt":"2025-09-02T17:34:18","slug":"sec-approves-volt-equity-bitcoin-focused-equities-etf","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sec-approves-volt-equity-bitcoin-focused-equities-etf\/","title":{"rendered":"SEC approves Volt Equity Bitcoin-focused equities ETF"},"content":{"rendered":"<p>The U.S. Securities and Exchange Commission approved <a href=\\\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/1508033\/000150803321000024\/r497c1021.htm\\\">application<\/a> by Volt Equity to launch an exchange-traded fund (ETF) tracking a basket of stocks of companies &#8216;revolutionising the Bitcoin industry&#8217;.<\/p>\n<p>\\n\\n<\/p>\n<p>The instrument is expected to list on the NYSE Arca exchange under the ticker BTCR in the coming weeks.<\/p>\n<p>\\n\\n<\/p>\n<p>80% of AUM will be comprised of shares of organisations that hold BTC as a reserve asset or derive the bulk of their revenues from mining, lending, or transacting Bitcoin.<\/p>\n<p>\\n\\n<\/p>\n<p>In an interview with <a href=\\\"https:\/\/decrypt.co\/82864\/sec-bitcoin-etf-volt-tesla\\\">Decrypt<\/a>, Volt Equity founder Ted Park said that the ETF would include around 30 companies, including Tesla, Twitter, Square, Coinbase and PayPal.<\/p>\n<p>\\n\\n<\/p>\n<p>The Volt Crypto Industry Revolution and Tech ETF does not involve the physical acquisition of Bitcoin.<\/p>\n<p>\\n\\n<\/p>\n<p>Total annual operating expenses of the fund will be 0.85% of AUM.<\/p>\n<p>\\n\\n<\/p>\n<p>Invesco <a href=\"https:\/\/u1f987.com\/en\/news\/invesco-launches-two-blockchain-focused-etfs\">launched<\/a> two blockchain-focused ETFs.<\/p>\n<p>\\n\\n<\/p>\n<p>In August, Bloomberg analysts <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-analysts-forecast-sec-approval-of-bitcoin-etf-by-end-october\">predicted<\/a> the Commission&#8217;s approval of a Bitcoin ETF by the end of October.<\/p>\n<p>\\n\\n<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission approved Volt Equity&#8217;s application to launch an ETF tracking a basket of stocks of companies &#8216;that are revolutionising the Bitcoin industry&#8217;.<\/p>\n","protected":false},"author":1,"featured_media":50860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[128,1211,26],"class_list":["post-50859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-sec","tag-stock-market","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=50859"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50859\/revisions"}],"predecessor-version":[{"id":50861,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50859\/revisions\/50861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/50860"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=50859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=50859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=50859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}