Cboe Global Markets, the first to launch bitcoin futures, would like the Securities and Exchange Commission to allow cryptocurrency exchange-traded funds.
“Cboe encourages the Commission to approach Cryptocurrency ETPs [exchange-traded products] holistically and from the same perspective that it has historically approached commodity-related ETPs,” the derivatives exchange said Friday in a letter to the SEC, published online Monday.
“The Commission should not stand in the way of such ETPs coming to market” given Cboe’s arguments for addressing the SEC’s concerns, the letter said.
The SEC did not immediately respond to a CNBC request Tuesday for a comment on the letter. Separately, the commission said Friday it would begin the process of determining whether it will allow NYSE Arca to list two ProShares funds tracking bitcoin futures.