CBOE filed two requests for first spot Ethereum ETF
The Chicago Board Options Exchange (CBOE) has filed two applications seeking the SEC’s approval for the ARK 21Shares Ethereum ETF and VanEck. The filing of the 19b-4 form is dated Sept. 6. A 19b-4 form is usually presented by self-regulatory organizations, such as the CBOE, asking for a specific requirement from the SEC. The SEC will have 240 days to decide if the Ethereum (ETH) ETF will be approved or denied. You might also like: Grayscale urges SEC to approve its spot Bitcoin ETF filing What is an ETF? Exchange-traded funds (ETFs) have recently become a simplified and convenient investment option for many assets, including cryptocurrencies like Bitcoin (BTC). ETFs allow investors to gain exposure to the performance of an asset or a combination of assets without actually owning them. Bitcoin ETF tracks the price of Bitcoin, allowing investors to invest in the world’s major crypto without the need to purchase and manage the cryptocurrency themselves. This eli...