Cboe, VanEck, and SolidX resubmit their joint proposal for Bitcoin ETF to the SEC

Cboe, VanEck, and SolidX have resubmitted their joint proposal for the first US-based Bitcoin Exchange-traded fund (ETF) following the end of the government shutdown.
The earlier proposal for the ETF fell through on Wednesday, January 23, as the US government shutdown.

FXStreet Team FXStreet

Cboe, VanEck, and SolidX have resubmitted their joint proposal for the first US-based Bitcoin Exchange-traded fund (ETF) following the end of the government shutdown. VanEck digital asset strategy lead, Gabor Gurbacs, tweeted:

“The VanEck SolidX Bitcoin ETF proposed rule-change has been submitted by CBOE. Hard work by all teams involved.”

Talks were already underway between the concerned parties before they came to a halt on Wednesday, January 23, following the US government shutdown. The proposal was withdrawn from consideration to avoid probable rejection due to the closure.

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