Cboe Submits New Application To Launch Bitcoin ETF

Cboe Global Markets, which owns the Chicago Board Options Exchange, has submitted a new request to the US Securities and Exchange Commission (SEC) to launch a Bitcoin ETF.

Cboe is once again asking the regulator to authorize the listing and trading of shares in the VanEck ETF pegged to the leading cryptocurrency. The current application is based on a registration form sent to the SEC back in December 2020.

SEC has 45 days to respond to VanEck Bitcoin ETF filing

The document says that the launch of the Bitcoin ETF will give investors access to transparent ways of interacting with the cryptocurrency. Cboe also notes that digital asset storage will be an equally important factor. trust in a regulated custodian service.

Cboe Submits New Application To Launch Bitcoin ETF

The SEC has rejected all previous applications so far, so it is not known when the Bitcoin ETF will be approved. According to the press service of the Chicago Board Options Exchange, it intends to become the first platform in the United States to bring a cryptocurrency exchange-traded fund to the market..

Apart from this, since last year, Cboe has also been working on launching own cryptocurrency indices. The project should be fully deployed in the second quarter of 2021.

text: Ivan Malichenko, photo: Bloomberg

Cboe Submits New Application To Launch Bitcoin ETF

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