A new filing for a crypto-based exchange-traded fund (ETF) has been sent to the U.S. Securities and Exchange Commission (SEC), which is yet to approve any crypto ETFs. Commodity pool operator United States Commodity Funds LLC (USCF) will sponsor the ETF alongside Crescent Crypto, a New Jersey-based hedge-fund. The USCF Crescent Crypto Index Fund will “track the performance of a market capitalization weighted portfolio of Bitcoin and Ether," offering investors "cryptocurrency exposure through a public vehicle." Though it could be a long wait until it gets accepted - if at all- the co-sponsors expect the ETF's shares to ... (full story)