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Spot Bitcoin ETF: Cboe Exchange Revokes Global X Application

source-logo  coingape.com 31 January 2024 05:10, UTC

The Cboe BZX Exchange has officially retracted its application for a rule change with the U.S. Securities and Exchange Commission (SEC). This move would have paved the way for listing Global X’s spot Bitcoin exchange-traded fund (ETF). Initially filed in August 2023, the application encountered multiple delays, with the SEC extending the review period in September and November. However, on January 26, Cboe BZX withdrew its proposal entirely.

coingape.com