Here in force: the CBOE in cooperation with VanEck and SolidX again filed an application for approval of a Bitcoin ETF

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2019-02-01 13:30:07

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Here in force: the CBOE in cooperation with VanEck and SolidX again filed an application for approval of a Bitcoin ETF Source:

It CBOE can not be defined with the plans. Not so long ago, the exchange's application for approval of an amendment to create along with VanEck and SolidX. However, plans changed, and now the leadership decided to take this step again. As the chief strategist VanEck Gabor Gorbach, if the application of 30 January be approved by the Commission on securities and exchange Commission (SEC), the CBOE stock exchange BZX Exchange will be able to run their own Bitcoin ETF. Many supporters of the ETF believe that the appearance of this instrument will attract cryptoprotection fresh money and will produce a more liquid market.

Just this week, representatives of the exchange withdrew its request in connection with the shutdown of the American government. Then CEO VanEck Jan van Eyck stated that the application will be filed again after the situation is resolved with the government shutdown. We will remind, before the deadline of the application from VanEck and SolidX postponed several times. In the end, the final date was scheduled for February 27.

According to CoinDesk, a proposal to change the rules has not been published in the Federal register. Also not running countdown of time for which the SEC needs to take a decision. Once the offer is published, a SEC will be no more than 240 days of its rejection or approval.

It is important to note that CBOE has applied after only a couple of weeks after a joint submission from NYSE Arca Bitwise and Asset Management. However, this proposal was not published in the register, and thus the countdown began.

Copies of the Federal register of January 31, there are already news about the withdrawal of the order by the CBOE from January 23. Full document can be found .

The More data you look at . Also periodically look in .

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