Frenzy to Get Bitcoin ETF Listed Is Clogging Up the SEC's Email
- Regulators have comments from 90 individuals in just 3 weeks
- Other rules are getting responses pushing for a Bitcoin fund
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The Securities and Exchange Commission is fielding a deluge of messages from crypto-currency enthusiasts after an exchange sought approval to list a Bitcoin ETF.
In the three weeks since the SEC asked for feedback on Cboe Global Markets Inc.’s request to change its listing rules and allow the crypto exchange-traded fund, more than 90 individuals have submitted comments. That’s 10 times the number of responses the SEC received when it asked for opinions on another Bitcoin ETF listing back in April.