The investments manager said it confidentially filed for a bitcoin futures ETF months ago.
VanEck unsuccessfully tried to list a similar fund in 2017.
Among stocks the fund will track are Argo Blockchain, Riot Blockchain, Galaxy Digital and Voyager Digital.
Victory Capital revealed its plans to enter the crypto market in June through a private fund tracking the NCI aimed at accredited investors.
Gensler said he believes crypto trading platforms might already have securities listed.
The fund cannot be traded throughout the day as an ETF or stock can, but it signals a positive move towards the SEC’s view of bitcoin.
The SEC instituted proceedings on whether to approve the WisdomTree bitcoin ETF application, effectively delaying any firm decision by a few months.
Horizons ETFs Canada had to “put in place all the business continuity plans,” its CEO said.
The founder of Purpose Investments, one of the first companies to offer bitcoin and ether ETFs in North America, chats ahead of Consensus 21.
Galaxy Digital said in March, Morgan Stanley began offering its wealth management clients access to a number of its bitcoin funds.