As reported by BlockWorks, Global X filed with the U.S. Securities and Exchange Commission (SEC) for a Bitcoin Trend Strategy ETF application as a different version of a Bitcoin Futures ETF that will track the CoinDesk Bitcoin Trend Indicator Index, which "systematically and dynamically" allocates funds between Bitcoin futures contracts and the Global X 1-3 Month Treasury Bill ETF. It is reported that in March this year, the US SEC rejected the registration application of Global X's Bitcoin ETF "Global X Bitcoin Trust".

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