The Commission on securities and stock exchanges of the USA (SEC) began to consider the application of the companies VanEck and SolidX on the rule change Chicago Board options exchange (CBOE) for listing a bitcoin ETF. Now the SEC has 45 days to decide. The relevant documentation was published in the official journal of the Federal Register.
“We hope that our investment in the education of market participants and regulators, our hard work and commitment will be rewarded”, — stressed the strategic Director in the field of digital assets VanEck Gabor Gurbax in comments to CoinDesk.
Recall that at the moment, SEC is also considering a bid Bitwise Asset Management to amend the rules of NYSE Arca exchange.
Note, for the first time since August 2018, the Commission is considering several proposals for listing a bitcoin ETF.
Principal investigator Bitwise Matt Hogan, believes that over the past year the industry has increased significantly in the infrastructure plan. Appeared custodial solutions for large investors, regulated futures, and the market almost came Bakkt and Fidelity of Digital Assets. All this, in his view, the SEC will consider before making any decision.
It is also important that applicant take into account the errors of the brethren Winklevosses, and has implemented the necessary standards outlined by the SEC in the failure of the founders of the exchange, Gemini.