CBOE files another Bitcoin ETF application with the SEC Two months after filing VanEck’s BitcoinETF, CBOE has submitted another application one proposed by Fidelity to the SEC. 7941 Total views News
The Chicago Board Options Exchange, or CBOE, has filed Fidelity’s Wise Origin Bitcoin (BTC) exchange-traded fund with the United States Securities and Exchange Commission.
CBOE filed a Form 19b-4 on Monday seeking to list Fidelity’s Wise Origin Bitcoin Trust Bitcoin ETF that was initially submitted to the SEC by the $4.9-trillion asset manager back in March.
Monday’s Form 19b-4, which puts CBOE as the exchange partner for Fidelity’s Bitcoin ETF filing, has triggered the SEC approval process.
CBOE Files To List Fidelity s Bitcoin ETF
The Chicago Board Options Exchange (CBOE), traded as
Cboe Global Markets Inc (NYSE:CBOE), filed with the United States Securities and Exchange Commission (SEC) to list Fidelity’s Wise Origin
Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF).
What Happened: CBOE filed a form 19b-4 with the SEC on Monday requesting to list Fidelity s Bitcoin ETF, which the asset manager filed with the regulator to launch earlier this month.
By filing the form, the exchange started the regulator s approval process, forcing it to give the first response within 45 days, which could result in a deadline extension to a maximum total of 240 days or a rejection.
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At least two insurance companies are adding “buffered” investment portfolios to the lineup of underlying funds that are available to support their variable annuity and variable life insurance policies.
These buffered funds are in many ways similar to the popular “buffered” index-linked annuity and universal life options that insurers have offered under Form S-1 or S-3 registrations with the SEC. The new buffered funds, however, will instead be registered on the same Form N-1A as more conventional underlying fund options, and the variable annuity/life benefits that they support will be registered on the same Form N-4 or N-6 that is used for other interests under such variable products.
By Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy
Brazil maintained the same pace of rate hikes (75bps) and guidance. Turkey remained on hold with a seemingly hawkish statement – but is it just lip service?
“More of the same” – The Brazilian central bank continued to frontload rate hikes, maintaining the same pace (75bps), same guidance (75bps), and the same reasoning (“partial normalization”). A less uncertain fiscal backdrop eased pressure on the central bank to act more aggressively in the near term. However, the real policy rate remains deeply negative (see chart below) – not the best setup against the backdrop of rising inflation. The emerging narrative is that Brazil is on the road to redemption policy-wise – the central bank’s measured tightening would fit right in.
CME Group introduces micro Bitcoin futures The new contract is worth one-tenth the size of a single Bitcoin. 9849 Total views News
The Chicago Mercantile Exchange, or CME, has officially launched its newest Bitcoin (BTC) derivatives product, setting the stage for wider mainstream adoption of digital assets.
TIm McCourt, CME Group’s global head of equity index and alternative investment products, said the new product will provide “an efficient, cost-effective way for a broad array of market participants from institutions to sophisticated, active traders to fine-tune their bitcoin exposure and enhance their trading strategies.”
The Micro Bitcoin futures contract is worth 0.1 BTC, which provides traders with an additional tool to hedge their digital currency price risk.