Estimated reading time: 0 minutes, 28 seconds

COIN Shares Rally on Cboe Partnership Announcement

Coinbase shares spiked in the wake of exchange operator Cboe announcing it is in talks with the crypto company to launch a “spot bitcoin exchange-traded fund.” So reports Reuters

The Cboe application was made with the U.S. Securities and Exchange Commission and names Fidelity as the asset manager. It identifies Coinbase as a platform to “police manipulation in the ETF.” The application is designed to address concerns from the SEC that its initial filing did not include a trading platform to help combat fraud in the crypto market.

Read the full article from Reuters.

Read 773 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.