Global X Becomes Latest Firm to File for Bitcoin ETF

global x becomes latest firm to file for bitcoin etf

Sumary of Global X Becomes Latest Firm to File for Bitcoin ETF:

  • July 22, 2021 3 min read This story originally appeared on be[IN]crypto Exchange-traded fund (ETF) provider, Global X, has submitted a filing of its own with the SEC for a bitcoin ETF.
  • The bank will provide Global X with accounting, tax, and financial reports to help keep the trust up and running.
  • The Trust will value its assets daily in accordance with Generally Accepted Accounting Principles (GAAP), which generally value bitcoin by reference to orderly transactions in the principal active market for bitcoin.

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