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CBOE filings show spot bitcoin ETFs slated to begin trading on Thursday

Published 01/10/2024, 02:41 PM
Updated 01/10/2024, 03:51 PM
© Reuters. FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -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 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.

"The notices posted to our website are standard procedure in preparation of an ETF launch," the spokesperson said.

The SEC did not immediately respond to a request for comment.

© Reuters. FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Kyle Da Cruz, head of digital assets product at VanEck Investments, told Reuters that the firm has not yet been informed by the SEC that its ETF has been approved to trade on CBOE. He added that they expect to receive that approval later on Wednesday.

The other issuers could not immediately be reached for comment.

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