Cboe has submitted a proposal to seek SEC approval to list and trade shares of the VanEck Bitcoin Trust.
The exchange group’s filing builds on VanEck’s earlier S-1 filing from December 30 and represents the next steps in bringing what could be the first U.S. bitcoin ETF to market.
In an email, a Cboe spokesperson said Cboe believes that approval of a bitcoin ETF could provide investors access to bitcoin exposure through a transparent, regulated vehicle.