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Direxion Has Reapplied with SEC for Its Bitcoin Strategy Bear ETF

Direxion has reapplied with SEC for its Bitcoin Strategy Bear ETF, a futures-based exchange-traded fund seeking to inversely track the price of Bitcoin (BTC). In early November, Direxion – at the behest of the SEC – pulled a previous application for the Bitcoin Strategy Bear ETF. No reason was given at the time.
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