According to Wu Blockchain, Bloomberg ETF analyst Eric Balchunas revealed that digital asset management company CoinShares has filed an application for a Bitcoin Volatility ETF, with the proposed trading ticker CBIX. Unlike traditional ETFs that directly track spot price movements, a volatility ETF is similar to VIX (Fear Index) products in the traditional U.S. stock market. It will allow institutions and professional investors to hedge risks or engage in speculative trading based on the extreme volatility characteristics of the Bitcoin market without directly holding the spot asset. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58526