CBOE files new Bitcoin ETF application with SEC

posted 7 months ago
The US Securities and Exchange Commission has received another application from CBOE Global Markets.

Unfortunately, other applications have not been approved, but this Bitcoin ETF appears to have a better chance of success. Many of these rejections have occurred as the result of an unregulated market, but the SEC has recently clarified that Bitcoin is not considered a security.

The SEC requested comments on the application on June 26th.

A Bitcoin ETF should bring more value and institutional money into the industry.
Tags: bitcoin, news