The filing shows that Cboe BZX Exchange is withdrawing its proposed rule change to list and trade shares of what would've been Global X's spot bitcoin ETF. The Securities and Exchange Commission (SEC) had pushed back its decision on the application twice before the exchange officially withdrew on Jan 26.
Asset management giant BlackRock's iShares Bitcoin Trust (IBIT) is leading the race so far with more than $2.6 billion in total flows over 13 days of trading, followed by Fidelity's Wise Origin Bitcoin Fund. (FBTC)
#global-x #bitcoin-etf #withdrawal #blackrock #ishares-bitcoin-trust #fidelity #wise-origin-bitcoin-fund #cboe-bzx-exchange #sec #flows #grayscale-bitcoin-trust
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