tl;dr
Cboe Global Markets (BATS:CBOE) has filed an acceleration request for Ark 21Shares Bitcoin ETF (ARKB), Fidelity Wise Origin Bitcoin Fund (FBTC), Invesco Galaxy Bitcoin ETF (BTCO) and three other proposed spot bitcoin exchange-traded funds to trade on the derivatives exchange starting Jan. 11, accord...
Cboe Global Markets (BATS:CBOE) has filed an acceleration request for Ark 21Shares Bitcoin ETF (ARKB), Fidelity Wise Origin Bitcoin Fund (FBTC), Invesco Galaxy Bitcoin ETF (BTCO) and three other proposed spot bitcoin exchange-traded funds to trade on the derivatives exchange starting Jan. 11, according to new issue notifications dated Wednesday.
While this filing does not mean that the Securities and Exchange Commission has granted approval for the planned ETFs, it does signal an important step in the process of making these funds available for trading. These new issue notifications are intended to inform investors when a new product comes to market, and in this case, the notifications were filed for six funds seeking to list on Cboe. At the time of writing, the New York Stock Exchange and Nasdaq have not issued notifications for their respective funds, indicating that there are still regulatory steps to be taken.
More about Intercontinental Exchange Inc
Intercontinental Exchange Inc (ICE) is a Fortune 500 company operating global exchanges, clearing houses, and providing mortgage technology, data, and listing services. With a market cap of $73.41 billion, the stock is currently trading at $138.43, with a 52-week range of $103.71 - $139.87. The stock has shown a 1.64% increase in the last month and a 4.31% increase in the last three months, outperforming the market. The Relative Strength Index (RSI) is at 68.48, indicating the stock is approaching overbought levels. The company's financials show a strong balance sheet with $7.55 billion in revenue and a net income margin of 13.48%. The stock is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend. However, there is a potential resistance level at $139.87, and the stock may experience a pullback in the short term. Overall, the market sentiment towards ICE is positive, but investors should be cautious of potential short-term volatility.
More about Nasdaq Inc
Nasdaq Inc. is a multinational financial services corporation that owns and operates stock exchanges in the United States and Europe. The company's market capitalization is $32.52 billion, with a stock price of $25.28 and a 0.84% increase. The company has a price/earnings ratio of 2.23 and a dividend yield of 12.22%. The Relative Strength Index (RSI) is 60.27, indicating a slightly overbought condition, while the Bollinger Bands show a standard deviation of 0.184. The company's market sentiment is neutral, with a small increase of 0.014 but a negative trend of -0.068. It is important to note that past market behavior is not always a reliable indicator of future performance, and potential risks or uncertainties should be considered when analyzing this data.
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