Major stock exchange wants to launch Bitcoin ETFs

BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The New York Stock Exchange (NYSE)has filed withthe Securities and Exchange Commission (SEC) to list two exchange traded funds (ETFs) that would track Bitcoin futures. The funds, offered by ETF provider ProShares, are called the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. Neither fund would purchase Bitcoin, instead they would invest in future...