Chicago-based Cboe – a leading US regulated Bitcoin futures trading company – plans to create more futures products in the crypto sector in the future.
In a new interview with BNN Bloomberg on March 25, CEO Ed Tilly said that the company’s path is not always easy, but in no way reduced the commitment.
After being the first North American exchange to include Bitcoin (BTC) futures in December 2017, the Chicago Board Options Exchange, or CBOE, was closed later in 2019 due to fierce competition from popular Bitcoin futures contracts on the Chicago Mercantile Exchange. …, or CME. … Anyway, Tilly said:
“We are still interested in rooms, and we have not given up. We aim to build the entire platform. There is a lot of demand from dealers and institutions, and we have to be there. ”
Another disappointment was the reluctance of US regulators to give the green light to a Bitcoin ETF or ETF, as Cboe had already failed in its attempts to list it. Following the recently withdrawn BZX offer, Cboe is now awaiting a first SEC decision on the latest VanEck Bitcoin ETF listing file in March. Telli told reporters that the company is “very interested in supporting” VanEck’s product.
Meanwhile, VanEck has released its preference for former SolidX partner over a Bitcoin ETF, as the latter accused a case that accused VanEck of stealing its work with its former ETF app in January.