Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements
Exchange operator Cboe Global Markets has changed five spot Bitcoin (BTC) Exchange-Traded Fund (ETF) applications to consist of a surveillance-sharing agreement (SSA) with Coinbase.On July 11, Cboe modified filings with the United States Securities and Exchange Commission (SEC) for the ETFs from Invesco, VanEck, WisdomTree, Fidelity and the joint fund by ARK Invest and 21Shares. The filings by Fidelity, Invesco, Wisdom Tree and Valkyrie follow the $10 trillion asset management firm BlackRock which likewise submitted an ETF for SEC approval.Related: Why a Bitcoin ETF approval would be a huge dealOn June 29, the U.S. stock exchange Nasdaq also refiled its application to list BlackRocks ETF, likewise inclusive of an SSA with Coinbase.Cboes filings pushed Coinbase (COIN) shares up almost 10% on June 11, the highest price its reached because August 16, according to Google Finance.Coinbases share price jumped nearly 10% with the newest SSA-related filing changes. Source: Google FinanceDespite the involvement with Bitcoin ETF applications, Coinbase is currently battling out a lawsuit with the SEC for apparently providing cryptocurrencies the regulator thinks about to be unregistered securities.