Is ProShares in Pole Position for the First Bitcoin ETF?

The SEC has dragged its feet on accepting cryptocurrency as part of the larger financial universe. For nearly a decade, filings have come in and then been rejected . But even as the outcome of Ripple vs. the SEC remains up in the air, there have been some recent signs that the SEC has warmed up to crypto , leading a number of asset managers to jockey for Bitcoin- and crypto-focused ETF pole position.