VanEck's Bitcoin-Linked Futures ETF Begins Trading

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ETF and mutual fund manager VanEck has launched its XBTF – the third Bitcoin-linked futures ETF to enter the market. This comes after VanEck’s application for a spot product Bitcoin ETF was denied by the SEC, and also as the broader crypto markets slump this week. Kyle DaCruz, Director of Digital Asset Product for VanEck, joins Cheddar News’ Closing Bell to discuss the XBTF’s debut, investor demand, and more.