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.
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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.
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