Cboe BZX Alternate has withdrawn its submitting with the U.S. Securities and Alternate Fee (SEC) for Vaneck Solidx bitcoin ETF. The U.S. authorities is presently shut down and the ETF might have been routinely permitted had it not been withdrawn. Vaneck says that the withdrawal is short-term as it’s actively working to “construct acceptable market construction frameworks for a bitcoin ETF.”
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Bitcoin ETF Filing Withdrawn
The SEC introduced on Wednesday that Cboe BZX Alternate Inc. has withdrawn its proposed rule change to listing and commerce shares issued by the Vaneck Solidx Bitcoin Belief.
The proposed rule change for the bitcoin exchange-traded fund (ETF) was revealed within the Federal Register on July 2 final yr. On Sept. 20, the fee instituted proceedings to find out whether or not to approve this proposed rule change. On Dec. 6, it designated Feb. 27 because the…