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Invalco and Galaxy Digital strive for ETF start: Application submitted to the CBOE
Investco and Galaxy Digital apply for ETF at CBOE Investco, a leading investment management company, submitted an application to the Chicago Board Options Exchange (CBOE) in cooperation with Galaxy Digital, a market leader in blockchain technology. The application is a significant step in the integration of cryptocurrencies and blockchain technologies in traditional financial markets ...
Invalco and Galaxy Digital strive for ETF start: Application submitted to the CBOE
investco and galaxy digitally apply for ETF at CBOE
Investco, a leading investment management company, has submitted an application to the Chicago Board Options Exchange (CBOE) in cooperation with Galaxy Digital, a market leader in blockchain technology.
The application is a significant step in the integration of cryptocurrencies and blockchain technologies into traditional financial markets. An ETF would enable investors to invest in cryptocurrencies without having to buy and keep them directly.
With this step,investco and Galaxy Digital could help to further increase the interest in cryptocurrency systems and to create regulated access for a broader investor base. The approval of such a found could provide positive impulses for the entire cryptocurrency market and make it more stable and accessible.
It remains to be seen how the CBOE will react to this application and what effects this could have on the market.