Cboe updates filings for spot Bitcoin ETFs
Cboe on Friday submitted four updated 19b-4 filings for spot bitcoin ETFs, according to its website.
Cboe on Friday submitted four updated 19b-4 filings for spot bitcoin ETFs, according to it its website.
The updated filings were submitted for Invesco Galaxy Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree Bitcoin Trust and Wise Origin Bitcoin Trust.
The move followed an earlier report from the Wall Street Journal that said the U.S. Securities and Exchange Commission told the Nasdaq and Cboe exchanges that recent filings from BlackRock, Fidelity and others for spot bitcoin ETF funds weren't "clear and comprehensive."
Cboe had said it intended to update its filings. Bitcoin fell as much as 4% after the WSJ report but has since pared losses to currently trade around $30,403.
Updated filings for spot bitcoin ETF
In the updated filing for Wise Origin Bitcoin Trust, a spot ETF proposed by Fidelity, Cboe said it expected to enter into a surveillance sharing agreement with Coinbase, Inc. Similar language was also included in the filings for Invesco, WisdomTree and Wise Origin.
Coinbase has been in its own lengthy fight with the SEC.
