BREAKING: CBOE Accepts Spot Bitcoin ETF Applications for Listing on the Exchange!

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  • CBOE stated that it has approved spot BTC ETF proposals presented by ARK 21Shares, Invesco Galaxy, Fidelity, VanEck, and Franklin Templeton.
  • Seyffart commented on the matter, saying, ‘This is actually a request for listing tomorrow. I was expecting this after today’s closing. So, it’s early, but still expected.’
  • Following the scandal of the spot Bitcoin ETF approval yesterday, all eyes are now on the SEC. The agency is expected to approve spot Bitcoin ETFs on January 10.

While attention is on the SEC for the decision on the spot Bitcoin ETF, the CBOE exchange reported that it has accepted to list spot Bitcoin ETFs.

CBOE Approves Bitcoin ETF Listings

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The U.S. Securities and Exchange Commission (SEC) may be one step closer to full approval of shares of spot Bitcoin exchange-traded funds (ETFs) following the approval of listing applications from several asset managers by Cboe BZX Exchange.

In letters sent to the SEC dated January 10, CBOE mentioned that it has approved spot BTC ETF proposals presented by ARK 21Shares, Invesco Galaxy, Fidelity, VanEck, and Franklin Templeton. Speculation arose about the regulator potentially approving multiple proposals from asset managers simultaneously since the final approval or rejection date for ARK 21Shares’ spot Bitcoin ETF is on January 10.

CBOE stated, ‘To facilitate timely listing, the Exchange requests expedited registration of these securities pursuant to Rule 12d1-2 under the Securities Exchange Act of 1934, as amended.’

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CBOE Filing

However, this move does not necessarily mean that the SEC has granted definitive approval. ETF analyst James Seyffart commented on the matter, saying, ‘This is actually a request for listing tomorrow. I was expecting this after today’s closing. So, it’s early, but still expected.’

Eyes on SEC for ETF Approval

Following the spot Bitcoin ETF approval scandal yesterday, attention is now on the SEC. The agency is expected to approve spot Bitcoin ETFs on January 10. According to a statement today by ETF analyst Eric Balchunas, ETFs will receive approval from the institution between 4:00 – 6:00 PM U.S. time.

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Source: https://en.coinotag.com/breaking-cboe-accepts-spot-bitcoin-etf-applications-for-listing-on-the-exchange/