Cboe Gives Green Light to Fidelity Spot Bitcoin ETF’s Listing Registration

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Cboe has accepted the registration for a proposed spot Bitcoin exchange-traded fund from Fidelity Investments.

The Fidelity Wise Origin Bitcoin Fund submitted a filing with the US Securities and Exchange Commission (SEC) on January 3, stating their intention to list their shares as securities on the Cboe BZX Exchange.

However, the filing is just a step in the process of registering an ETF and does not necessarily guarantee approval from the SEC.

ETF analyst James Seyffart from Bloomberg clarified that this is simply a securities registration and that the ETF still needs a 19b-4 approval and an effective/approved/completed S-1 document in order to be listed.

Similar filings have been made in the past, such as Bitwise’s spot Bitcoin ETF registration with NYSE Arca on December 29th, but it does not mean they have been approved yet.

In June, Volatility Shares Trust filed a Form 8-A with the SEC in preparation for launching a leveraged Bitcoin futures ETF listed on the Cboe BZX Exchange.