The Chicago Board Options Exchange (CBOE) has submitted an application for bitcoin-based exchange traded fund (ETF) with the U.S. Securities and Exchange Commission. The proposal would be trading with SolidX Bitcoin Shares, each share worth 25 Bitcoin. Previously, the SEC has been ejecting applications proposing crypto-backed funds. It is reported that the CBOE application has got the high chance of getting sanctioned.
Bitcoin ETF application by CBOEIncryptsJul 10, 20180
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