CBOE Refiles Bitcoin ETF Proposal for SEC Approval

[fitload]

US stock exchange operator CBOE has resubmitted its joint proposal with VanEck and SolidX to the U.S. Securities and Exchange Commission to list a bitcoin ETF on one of its trading platforms.

The digital asset strategist/director at VanEck, Gabor Gurbacs, took to Twitter to make the announcement.

The proposal was withdrawn from consideration earlier this month due to the U.S. government shutdown. At the time, VanEck CEO Jan van Eck explained that the companies filing the rule change proposal had been in talks with the SEC, but those talks ended when the shutdown began. To avoid a probable rejection due to the closure, the proposal was withdrawn.

The previous ETF proposal was originally filed in June 2018 and was in the last approve/deny stage with the SEC. The SEC had to make a decision by February 27th to either approve or deny the ETF.

Read More: https://bitzamp.com/cboe-refiles-bitcoin-etf-proposal-for-sec-approval/

[LaltctalksL]

I hope this time those ETF will be approved, I think it has a big impact to the crypto community maybe it will trigger the next bullrun but the SEC keeps on delaying it and some has been denied.

[Niteroy]

It is good that different organizations join together to submit their joint proposal to the SEC, for approving the ETF Bitcoin. It is better not to rush into this matter so that the Bitcoin ETF is accepted by the SEC and there are no legal problems.