SEC To Review Proposed Rule Changes For Nine Bitcoin ETF Applications

  • Paul Hackley
    📰 News

    Securities and Exchange Commission (SEC) has set a deadline for reviewing nine applications to list and trade various Bitcoin exchange-traded funds (ETFs) on Oct. 26


SEC To Review Proposed Rule Changes For Nine Bitcoin ETF Applications

The U.S. Securities and Exchange Commission (SEC) has set a deadline for reviewing nine applications to list and trade various Bitcoin exchange-traded funds (ETFs) on Oct. 26.

The applications include two submitted by ProShares for listing on New York Stock Exchange (NYSE) ETF exchange NYSE Arca, five by Direxion also for listing there, and two by GraniteShares for listing on Chicago Board Options Exchange (CBOE).

“By October 26, 2018, any party or other person may file a statement in support of, or in opposition to, the action made pursuant to delegated authority,” the SEC stated.

Earlier this year, the SEC has rejected the proposals but decided to review its decision just a day after.

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About the author

Paul Hackley is a journalist and essayist, focusing on blockchain and cryptocurrencies, with a strong interest in the future of the technology.

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