Cryptocurrencies
Bitcoin ETF Faces Moving Finish Line as Cboe Aims to Be First
- SEC delays decision on one fund after rejecting another
- Regulators are concerned about market manipulation, liquidity
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Cboe Global Markets Inc. wants to be the first to list a Bitcoin exchange-traded fund, though there’s still a lot of work needed to win approval from the U.S. Securities and Exchange Commission.
“As we chip away at their issues to make them less concerned, at some point they’ll be comfortable with an ETF,” Chris Concannon, the Chicago-based exchange operator’s president and chief operating officer, said in an interview.