CBOE has withdrawn proposed rule change for VanEck SolidX Bitcoin ETF

23 Jan, 2019
by David Borman
Breaking News
CBOE has withdrawn proposed rule change for VanEck SolidX Bitcoin ETF

It was just announced in a statement from the SEC that the Cboe BZX Exchange has withdrawn a proposed rule change that would have allowed for the listing of the highly anticipated VanEck SolidX Bitcoin ETF.

The announcement gives no reason as to why the rule change has been withdrawn, though some have speculated it is being reworked so that it can be submitted again at a later date. The SEC had until February 27th to make a decision, and if it failed to do so the change would be passed by default.

Twitter of course had an immediate response to the announcement.

So far the markets have seen a small dip on this news, though it has as of now been only minor.

Stick with Chepicap for any developments as this unfolds!

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Read more about:CBOESECETFBitcoin (BTC)

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