Crypto ETFs New Era of Exchange

The Chicago Board Options Exchange submitted another application to SEC to list Fidelity’s Wise Origin Bitcoin Exchange-Traded Fund which was initially submitted in March.

Form 19b-4 filed by CBOE as the exchange partner for Fidelity’s Bitcoin ETF made SEC resume the approval process.

The SEC has 240 days to evaluate the filing and decide whether to extend or reject the application. VanEck, WisdomTree, and SkyBridge Capital also awaits approval by SEC.

It’s reported that VanEck investment company is set to launch an ETF.

This will checkmate the performance of the MVIS Global Digital Assets Equity index which has 30 blockchain and crypto- related.

The company also offers exposure to its customers to be able to bet bet on its new product, the VanEck Vectors Digital Assets Equity UCITS ETF popularly called DAPP which already is listed on London Stock Exchange and Deutsche Boerse.

Australia’s first crypto-based exchange-traded fund (ETF) is set to be launched before the end of the year by The Australian Securities Exchange (ASX).

ASX executive manager highlighted that the popularity of digital assets, especially in Australia inspired the move and it’s worth checking out.

He says that opening a crypto ETF in Australia will definitely bring in more investors to include bitcoin in their share portfolio.

Author: Mcrypto

28 thoughts on “Crypto ETFs New Era of Exchange

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