CBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t Shutdown
The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its request for a rule change from the United States Securities and Exchange Commission (SEC) in order to list its Bitcoin (BTC) exchange-traded fund (ETF). A CBOE spokesperson told Cointelegraph that U.S. government shutdown was the reason for the withdrawal, as the end of the review period is approaching with no government agencies able to operate fully. The CBOE will instead re-submit the filing for an ETF — which was backed by investment firm VanEck and financial services company SolidX — at a later date.