# SEC approves BTC ETF for the first time

By [icebin.eth](https://paragraph.com/@icebin) · 2021-10-20

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ProShares BTC futures ETF is a Bitcoin futures contract registered with the US Commodity Futures Trading Commission (CFTC) and traded through the Chicago Mercantile Exchange (CME). It charges a 0.95% investment value management fee per year.

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*Originally published on [icebin.eth](https://paragraph.com/@icebin/sec-approves-btc-etf-for-the-first-time)*