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Reuters
Reuters
Business

Cboe shelving plan for bitcoin-tracking product: filing

FILE PHOTO - People walk by the Chicago Board Options Exchange (CBOE) Global Markets headquarters building in Chicago, Illinois, U.S., September 19, 2018. REUTERS/Michael Hirtzer

NEW YORK (Reuters) - The U.S. Securities and Exchange Commission said on Wednesday that Cboe Global Markets Inc is pulling its proposal to list an exchange-traded product tracking the price of bitcoin, delivering another blow to cryptocurrency enthusiasts.

A Cboe-run exchange dropped plans that have been in front of the commission since June last year to list the VanEck SolidX Bitcoin Trust, the market regulator said in a filing.

(Reporting by Trevor Hunnicutt; editing by Diane Craft)

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