2018-7-10 13:17 |
The CBOE Bitcoin ETF will allow for over-the-counter (OTC) trading for accredited investors while providing them with complete security and insurance.
According to the official release from the SEC, the filing was done last month on June 20, 2018.
The application filed by the SEC asks for a Bitcoin-based ETF to list and trade BTC shares that are backed by the Vaneck Solidx Bitcoin Trust (“the Trust”).
The document states that CBOE will only invest in Bitcoin on behalf of the investors.
But, according to the official document on Bitcoin ETF presented by CBOE, the exchange operator has assured the SEC of providing insurance and complete security to its investors.