The United States Securities and Exchange Commission (SEC) could be nearing the full approval of listing shares of a spot Bitcoin exchange-traded fund (ETF). This development comes after the Cboe BZX Exchange issued a notice approving securities listings from several asset managers.

In letters filed with the SEC on January 10, Cboe confirmed that it had approved spot BTC ETF offerings from ARK 21Shares, Invesco Galaxy, Fidelity, VanEck, and Franklin Templeton. The final approval or denial deadline for the spot Bitcoin ETF from ARK 21Shares is also set for January 10. This has led to speculation that the regulator may approve multiple offerings from asset managers at the same time.

Cboe has requested an acceleration of registration for these securities under Rule 12d1-2 of the Securities Exchange Act of 1934, as amended. This move is aimed at facilitating a timely listing of these securities.

It’s worth noting that while Cboe has approved the registration for listing Fidelity’s spot Bitcoin ETF, the SEC has not yet given its approval. This story is still developing, and more information will be provided as it becomes available.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography North America
Countries 🇺🇸
Sentiment neutral
Relevance Score 1
People None
Companies ARK 21Shares, Invesco Galaxy, VanEck, Fidelity, United States Securities and Exchange Commission, Cboe BZX Exchange, Franklin Templeton
Currencies Bitcoin
Securities None

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