VanEck’s futures-based Bitcoin ETF on CBOE to start trading on November 16

On November 16, on the Chicago Board Options Exchange (CBOE) will begin trading bitcoin-ETF based on CME-traded futures from the asset-management firm VanEck.

The instrument will carry the ticker XBTF. It will be the third in the lineup after similar offerings from ProShares and Valkyrie Investments, which were listed on NYSE and Nasdaq, respectively.

Approval by the SEC for the launch of VanEck’s futures bitcoin ETF took effect on October 23. It was expected that trading would start on October 25.

Earlier in November, the regulator rejected the company’s application for launching a spot Bitcoin ETF.

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