Bitcoin ETF Spot "Trading begins" Tomorrow: CBOE
The Chicago Board Options Exchange (CBOE) declared on its website that the VanEck, Fidelity and ARK 21Shares Spot Bitcoin Exchange-Traded Funds (ETFs) will officially begin trading tomorrow, pending regulatory approval and effectiveness.
CBOE’s announcement marks a significant milestone in the pursuit of regulated, direct exposure to Bitcoin through ETFs, allowing a path to Bitcoin exposure for both institutional and retail investors.
This development, following careful regulatory evaluation and market readiness, positions the Spot Bitcoin ETF for its eagerly awaited debut on exchanges. CBOE’s confirmation reinforces the growing acceptance and recognition of Bitcoin as a legal and regulated investment asset class.
The imminent launch of spot Bitcoin ETF trading highlights a historic moment that will reshape the investment landscape by providing broader access to Bitcoin within traditional financial markets. However, it is important to remember that as of this writing, the U.S. Securities and Exchange Commission (SEC) has not yet officially approved the ETF for trading, with approval expected later today.