The Cboe BZX Exchange filed to list and trade shares of the Global X Bitcoin Trust in August 2023, but did not receive approval on Jan. 10 with other spot Bitcoin ETF applications.
The Cboe BZX Exchange has withdrawn its application for a proposed rule change with the United States Securities and Exchange Commission (SEC), which could have allowed it to list shares of Global X’s spot Bitcoin (BTC) exchange-traded fund.
In a Jan. 30 notice, the SEC announced that Cboe BZX had withdrawn the application for listing and trading shares of the Global X Bitcoin Trust, first filed in August 2023. The commission had twice extended consideration of the application in September and November but said the exchange had officially withdrawn its proposal on Jan. 26.
The announcement came roughly three weeks after the SEC officially approved listings of spot Bitcoin ETFs on U.S. exchanges for the first time. Cointelegraph reached out to Cboe and Global X for comment but did not receive a response at the time of publication.
