The Chicago Board Options Exchange (CBOE) has released notifications confirming the commencement of trading for several eagerly awaited Bitcoin spot Exchange Traded Products (ETPs) at 9:30 am ET on Thursday. The confirmed ETPs include the VanEck Bitcoin Trust (HODL), the Fidelity Wise Origin Bitcoin Fund (FBTC), and the ARK 21Shares Bitcoin ETF (ARKB), as stated on the CBOE’s website.
However, Bloomberg ETF analyst Eric Balchunas has clarified that this does not imply that the ETFs have received approval from the Securities and Exchange Commission (SEC). The notifications represent a final step before approval, and analysts predict that the SEC will likely issue official approvals within hours.
Earlier this week, the SEC’s X account published a false Bitcoin ETF approval notice after being hacked via a compromised phone number. The X company confirmed that the SEC did not use two-factor authentication for its account.
Interestingly, several X users have reported that some Bitcoin ETFs are already appearing within the trading windows for websites like Fidelity and RBC.
This News Article was automatically generated by Bob the Bot (AI)
Information | Details |
---|---|
Geography | North America |
Countries | |
Sentiment | neutral |
Relevance Score | 1 |
People | Eric Balchunas |
Companies | Chicago Board Options Exchange, VanEck Bitcoin Trust, ARK 21Shares Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, Securities and Exchange Commission |
Currencies | Bitcoin |
Securities | Fidelity Wise Origin Bitcoin Fund (FBTC), VanEck Bitcoin Trust (HODL), ARK 21Shares Bitcoin ETF (ARKB) |