US stock exchange operator CBOE has resubmitted its application to list a bitcoin ETF on one of its trading platforms, just days after the firm withdrew its previous bid.
That bitcoin ETF, the VanEck SolidX Bitcoin Trust, would allow wealthy traders and institutions to invest in bitcoin through a convenient — and familiar — investment vehicle.
VanEck digital asset head Gabor Gurbacs made the announcement on Twitter, noting that it was the product of “[h]ard work from all teams involved.”
The VanEck SolidX Bitcoin ETF proposed rule-change has been submitted by CBOE. Hard work by all teams involved. Public document: https://t.co/X25lOPjiFS pic.twitter.com/C9FP4adDE8
— Gabor Gurbacs (@gaborgurbacs) January 31, 2019
CBOE had previously sought approval from the US Securities and Exchange Commission (SEC) to list the VanEck bitcoin ETF, but it withdrew the application on Jan. 23 after the prolonged US government shutdown made it virtually certain that the SEC would fail to greenlight the product before the application’s late February decision deadline.
View the full application below:
SR-CboeBZX-2019-004 by on Scribd
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