Spot Bitcoin ETFs to Begin Trading on January 11: CBOE Reveals Details!

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  • The exchange has sent notifications naming ARK 21Shares Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, Franklin Bitcoin ETF, Invesco Galaxy Bitcoin ETF, VanEck Bitcoin Trust, and WisdomTree Bitcoin Fund.
  • The SEC has not yet approved the funds, but this is a next step currently taken, implying that the regulator might be approaching a decision.
  • While the companies partnered with CBOE have set the listing date for their spot Bitcoin ETFs as January 11, 2024, Nasdaq and NYSE exchanges have not made an announcement for listing.

CBOE exchange published a statement to list the spot Bitcoin ETFs of contracted companies: All eyes are on the SEC!

CBOE Exchange to List Spot Bitcoin ETFs Tomorrow

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Cboe marked the day when various spot Bitcoin exchange-traded funds might potentially begin trading as the day when the Securities and Exchange Commission (SEC) might be approaching approval for these products before making a decision.

The exchange has sent notifications naming ARK 21Shares Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, Franklin Bitcoin ETF, Invesco Galaxy Bitcoin ETF, VanEck Bitcoin Trust, and WisdomTree Bitcoin Fund. CBOE stated:

“As Cboe, we are pleased to announce a new exchange-traded fund (“ETP”) that will begin trading as a new listing on January 11, 2024.”

The SEC has not yet approved the funds, but this is a next step currently taken, implying that the regulator might be approaching a decision. Analysts widely expect the SEC to approve multiple spot Bitcoin ETFs later on Wednesday.

No Notification from Nasdaq and NYSE

While the companies partnered with CBOE have set the listing date for their spot Bitcoin ETFs as January 11, 2024, Nasdaq and NYSE exchanges have not made an announcement for listing. The companies partnered with Nasdaq are BlackRock and Valkyrie, and those with NYSE are Grayscale, Bitwise, and Hashdex.

Approval of ETFs by the U.S. Securities and Exchange Commission is expected after the closing of U.S. markets. Additionally, the SEC reported that the hack scandal that occurred yesterday is being investigated by the FBI.

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Source: https://en.coinotag.com/spot-bitcoin-etfs-to-begin-trading-on-january-11-cboe-reveals-details/