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Here's Why Invesco Pulled Out of Bitcoin (BTC) Futures

Invesco

Invesco asset management firm has finally given reasons why it pulled out its proposed Bitcoin futures ETF applications from the US Securities and Exchange

According to Bloomberg, major investment management firm Invesco seems no longer interested in the race to release a Bitcoin Futures exchange-traded fund (ETF).

Invesco's main concern about their new product was tied to the nature of the futures-based Bitcoin ETF and problems with rolling costs, which are tied to the product's suitability for

Invesco Exec Gives Reason for Giving up on Bitcoin Futures ETF