Crescent Crypto files with the SEC to launch a Bitcoin and Ethereum ETF called XBET

United States Commodity Funds LLC (USCF) and Crescent Crypto have filed to launch a Bitcoin ($BTC) and Ethereum ($ETH) based ETF with the SEC. Dubbed XBET, the ETF application has been filed while two other pure Bitcoin-based ETFs await approval. The co-sponsors believe their XBET investment will break even within a year and have planned initial sales priced at $20.

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