The Next Bitcoin ETFs Are Testing Their Luck With Skeptical Regulator

  • Cboe wants permission to list two GraniteShares bitcoin ETFs
  • So far SEC has not approved any ETFs tied to bitcoin
Former SEC Commissioner Daniel Gallagher is "not pleased" with the pace of ETF approvals.(Source: Bloomberg)
Lock
This article is for subscribers only.

Another two bitcoin ETFs are gunning to win the approval of a regulator that’s so far been skeptical of derivatives based on digital currency.

Cboe Global Markets Inc. asked the U.S. Securities and Exchange Commission for permission to list two bitcoin-linked exchange-traded funds on one of its markets, in a filingBloomberg Terminal on Tuesday. The GraniteShares Bitcoin ETF and the GraniteShares Short Bitcoin ETF would trade on the Cboe BZX exchange. The issuer, GraniteShares, is a New-York based provider of commodities ETFs.