CBOE seeks approval for bitcoin ETF as price rises


NEW YORK: CBOE global markets is seeking approval from the US Securities and Exchange Commission (SEC) to list a bitcoin Exchange Traded Fund (ETF), according to a filing, the latest attempt to launch such a product in the United States.

The filing came as Citi analysts said the most popular cryptocurrency was at a “tipping point” and could become the preferred currency for international trades, while Reuters reported that Goldman Sachs Group Inc had restarted its cryptocurrency trading desk.

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