CBOE re-submits a more comprehensive version of the Bitcoin ETF options application, which may indicate that the SEC has provided feedback

2024-08-09 16:23:55

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ChainCatcher news, according to Cryptonews, the Chicago Board Options Exchange (CBOE) has withdrawn its original application for a spot Bitcoin ETF option and resubmitted a more comprehensive version.

Following this move, Bloomberg ETF analyst James Seyffart stated on X, "There will definitely be some changes to the Bitcoin ETF options." Seyffart clarified that the new document is a 44-page filing, replacing the original 15-page application. The updated document includes more detailed information, particularly regarding position limits and concerns about market manipulation.

This suggests that the U.S. Securities and Exchange Commission may have provided feedback, leading to the enhanced application.

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