CBOE Reapplies Bitcoin ETF Launch

Chicago Board Options Exchange (CBOE) Re-Submitted to SEC to Launch Exchange Traded Bitcoin Pegged Fund.

A VanEck spokesman said Thursday that the application was filed with the US Securities and Exchange Commission on January 30. However, as with the recently proposed Bitcoin ETF option by Bitwise and NYSE Arca, the document is still awaiting addition to the Federal Register. Only after this will the countdown of the regulated review period begin, maximum 240 days.

Toronto Stock Exchange launches world’s first Bitcoin ETF

Recall that earlier the exchange announced the withdrawal of its previous order, on which the final decision-making deadline was approaching and the verdict was to be rendered on February 27. However, due to the partial closure of the government and the suspension of the SEC, it was decided to temporarily withdraw the proposal. As experts doubted that under the current circumstances, the regulator would give the green light to a new crypto instrument, which would open the way for institutional investors to enter the crypto market..

CBOE Reapplies Bitcoin ETF Launch

Many expect Bitcoin ETFs to become «lifebuoy», thanks to which huge amounts of money will start pouring into the market and cryptocurrency quotes will resume their upward movement. Raise more funds The Binance exchange also strives for the cryptoindustry, whose users can now use VISA and MasterCard cards to buy bitcoin, ripple, ether and litecoin.

text: Ivan Malichenko, photo: dcebrief

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