Cboe ETF Filing Latest in String of Attempts

2021-3-25 17:57

Cboe Global Markets Inc. is seeking to begin offering crypto-assets again after several unsuccessful attempts in the past.

In 2017, the Chicago-based exchange holding company became the first US exchange to list bitcoin futures. At the time, this was followed by the Chicago Mercantile Exchange (CME) Group, whose products ended up more prevalent.

Cboe Global Markets owns the Chicago Board Options Exchange, among other exchanges. As the largest American options exchange, it commands significant influence in the industry.

However, due to waning interest, Cboe let its last bitcoin futures expire in June 2019. Another attempt faltered later that year. In September 2019, the Cboe-owned BZX exchange withdrew a proposal to the US Securities and Exchange Commission (SEC). It had hoped to list and trade shares of the VanEck SolidX Bitcoin Trust. 

Try, Try Again

Now, Cboe seems primed to give it another shot. In December 2020,  it entered the crypto market-data business by partnering with CoinRoutes Inc. As the crypto market matures, the increasing demand for related products has become irresistible, CEO Ed Tilly told Bloomberg.

“We’re still interested in the space, we haven’t given up on it,” Tilly said. “We’re keen on building out the entire platform. There’s a lot of demand from retail and institutions, and we need to be there.” Presently, Cboe has its sights set on its previous target, the VanEck Bitcoin Trust. “We’re very keen to move along approval for the VanEck ETF,” Tilly added. The company filed with the SEC to list at trade the exchange-traded fund (ETF) earlier this month.

Bitcoin ETF High Rollers

Cboe is not alone among larger financial institutions looking to offer crypto-based assets. On March 24, American financial services company Fidelity Investments filed with the SEC to list and file bitcoin ETFs. Fidelity is one of the largest asset managers in the world. It currently has $4.9 trillion in assets under management.  

A few days earlier, American investment bank Goldman Sachs filed a similar filing with the SEC on March 19. If these filings are successful, they could become a significant step in wider institutional cryptocurrency adoption.

The post Cboe ETF Filing Latest in String of Attempts appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Доступно / Всего 1.123b SAFEX

exchange chicago mercantile followed time cme ended

Источник: beincrypto.com

exchange chicago → Результатов: 126


Фото:

CME Group приостанавливает торги из-за Коронавируса

Крупнейший североамериканский рынок финансовых деривативов, Chicago Mercantile Exchange (CME), который является вторым по объему торгов фьючерсами на биткоин, с 13 марта приостановит торги.

2020-3-12 08:39


Фото:

KuCoin Announces Instant Exchange Service, Allowing Crypto Transaction in Seconds

KuCoin, an IDG-backed global crypto exchange, today announces the Instant Exchange service, allowing instant crypto transaction service for BTC, ETH, LTC, XRP, BCHABC, and USDT. KuCoin Launches Instant Exchange Service KuCoin Instant Exchange service is developed by KuCoin and a top quantitative market maker of the Chicago Mercantile Exchange (CME).

2020-2-27 12:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

US SEC Sues PulseChain Founder Richard Heart for Securities Fraud

The US SEC is suing entrepreneur Richard Heart for raising over $1 billion from selling unregistered securities via three unincorporated projects: PulseChain, PulseX, and Hex. The post US SEC Sues PulseChain Founder Richard Heart for Securities Fraud appeared first on BeInCrypto.

SEC Sues Quantstamp for Raising Funds Through Unregistered ICO 

The US SEC has sued smart contract auditing firm Quantstamp for raising $28m through an unregistered ICO, settling for a $3.4m fine without admitting guilt. The post SEC Sues Quantstamp for Raising Funds Through Unregistered ICO  appeared first on BeInCrypto.

Binance US and SEC Reach Mutual Agreement on User Funds

A deal between Binance U.S. and the SEC will see customer funds repatriated to the U.S. as the exchange avoids a full-scale asset freeze. The post Binance US and SEC Reach Mutual Agreement on User Funds appeared first on BeInCrypto.

Bakkt Joins Robinhood and eToro in Delisting Major Altcoins

Bakkt is delisting ADA, MATIC and SOL, blaming regulatory uncertainty. It is the latest to drop altcoins following the latest SEC crackdown. The post Bakkt Joins Robinhood and eToro in Delisting Major Altcoins appeared first on BeInCrypto.