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Zenger
Zenger
Mehab Qureshi

Fidelity’s Bitcoin ETF Rejection Sparks Chicago Exchange’s Proposal

Bitcoin Fidelity ETF United States Crypto
Representation of Bitcoin and other cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on June 26, 2023. Major cryptocurrencies traded in the green on Monday following the announcement that Fidelity Investment, the colossal asset management firm that manages assets worth $4.3 trillion, has filed for a spot Bitcoin exchange-traded fund PHOTO BY JAKUB PORZYCKI/GETTY IMAGES

 

The filing reveals that the Chicago Board Options Exchange (CBOE) exchange has put forth a proposal to list and trade shares of the Wise Origin Bitcoin Trust. The SEC had previously rejected a Bitcoin ETF application from Fidelity in 2021.

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