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CBOE resubmits a more comprehensive version of its Bitcoin ETF options application, which may indicate that the SEC has provided feedback

CBOE resubmits a more comprehensive version of its Bitcoin ETF options application, which may indicate that the SEC has provided feedback

CointimeCointime2024/08/09 08:57
By:Cointime

According to Cryptonews, the Chicago Board Options Exchange (CBOE) has withdrawn its original application for a bitcoin ETF option on spot trading and resubmitted a more comprehensive version.Following this, Bloomberg ETF analyst James Seyffart stated on X that "there will definitely be some changes to the bitcoin ETF option." Seyffart clarified that the new filing is a 44-page document that replaces the original 15-page application. The updated filing includes more detailed information, particularly regarding position limits and concerns about market manipulation.This suggests that the US Securities and Exchange Commission may have provided feedback, leading to an enhanced application.

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