Saturday , April 17 2021

Cboe introduced a repeated application to start Bitcoin ETF on behalf of VanEck and SolidX



The Chicago Stock Exchange (CBOE) was again applied to the Securities and Exchange Commission of the United States with a proposal to make a change to the current regulations, which, if approved, will allow you to start a Fund Exchange Investment (ETF) linked to Bitcoin.

Application form 19b-4 is dated January 30 and is published on the Cboe website.

The previous application was removed early in January. As the general manager of VanEck Jan Van Eyck explained, the suspension of the work of US government agencies due to the delay in the adoption of the country's budget at the end of December 2018 had a direct impact on the course Examination of the application.

The last day of the review of the previous proposal was supposed to be February 27.

The countdown of the new application, however, has not yet gone, will begin after publishing the document in the US Federal Registry. As of this moment, the SEC, taking into account all delays stipulated by law, can be assigned 240 days.

Last week, new parts of Bitcoin-ETF were also known, previously proposed by the Bitwise Asset Management investment fund and NYSE Stock Exchange.

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