Spot Bitcoin ETFs Sell-Off On First Trading Day
The SEC finally approved spot Bitcoin ETFs Most of the 11 new funds fell on their first day of tradiing
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The SEC finally approved spot Bitcoin ETFs Most of the 11 new funds fell on their first day of tradiing
Among the ETFs listed for trading were Ark/21Shares Bitcoin ETF, Franklin Templeton Bitcoin ETF, WisdomTree Bitcoin Fund and Invesco/Galaxy Bitcoin ETF, according to filings. A spokesperson for CBOE said the exchange was still waiting for approval from the Securities and Exchange Commission (SEC) for the spot bitcoin ETFs.
:Multiple issuers' spot bitcoin exchange-traded funds (ETFs) are slated to begin trading on Thursday, according to notices posted on CBOE's website on Wednesday. Among the ETFs listed for trading were Ark/21Shares Bitcoin ETF, Franklin Templeton Bitcoin ETF, WisdomTree Bitcoin Fund and Invesco/Galaxy Bitcoin
Among the ETFs listed for trading were Ark/21Shares Bitcoin ETF, Franklin Templeton Bitcoin ETF, WisdomTree Bitcoin Fund and Invesco/Galaxy Bitcoin ETF, according to filings. A spokesperson for CBOE said the exchange was still waiting for approval from the Securities and Exchange Commission (SEC) for the spot bitcoin ETFs.
With 13 companies filing for a bitcoin ETF, all offering similar products, there is substantial interest in what the fee structure will look like.