US exchange operator Cboe has officially agreed with Coinbase, one of the world’s largest cryptocurrency exchanges, to jointly handle spot Bitcoin (BTC) exchange-traded fund (ETF) applications.
The expected statement from Cboe and Coinbase came. cboeincluding world giant Fidelity 5 different spot Bitcoin ETFs for application surveillance partner as the largest cryptocurrency exchange in the USA coinbase announced its agreement with After the deal, Coinbase shares are released within a day. 15% gained value.
Among the ETF applications mentioned in the agreement Wise Origin Bitcoin Trust, WisdomTree Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin ETF And ARK 21Shares took place.
The agreement announcement between Cboe and Coinbase has been expected by the cryptocurrency market for a while. of the US Securities and Exchange Commission (SEC) The giant companies, which took action after finding the first applications insufficient and turning them down, announced that they had authorized Coinbase for surveillance and sharing on July 1 and updated their applications.
A similar deal was recently announced by the world’s largest asset manager. BlackRock And coinbase was provided between After the SEC turned down the initial applications, BlackRock prepared a revised application. surveillance partner preferred Coinbase but updated application cboe not by Nasdaq was done through.
Coinbase shares were released on July 11, according to Nasdaq data. 15% increase by displaying $80.49 from the level $92.32 reached.