CBOE Launches Bitcoin ETF Clock With VanEck Deposit

CBOE Launches Bitcoin ETF Clock With VanEck Deposit

The Chicago Board Options Exchange (CBOE) has officially filed an application to list the shares of VanEck’s Bitcoin exchange-traded fund (ETF).

CBOE filed a 19b-4 form On Monday, officially announcing its intention to list and trade shares of the VanEck Bitcoin Trust. Form kicks off legal review period that could lead to the first Bitcoin ETF in the US

Although Cboe files a 19b-4 begins the formal regulatory review process, the SEC has yet to acknowledge that it reviews the application before the first 45-day deadline begins. Within those 45 days, the SEC must either approve or disapprove the request or extend the review period.

The SEC may extend the review period up to 240 days before it owes …

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